Could SpaceX Become the Next $3 Trillion Company?

Just three companies in the world have market capitalizations above $3 trillion, and another three are within shouting distance of that milestone. Microsoft has a market value of roughly $2.8 trillion, while Amazon and Taiwan Semiconductor Manufacturing sit at $2.6 trillion and $2.3 trillion, respectively.Just behind them sits Space Exploration Technologies (NASDAQ: SPCX), which is currently worth about $2 trillion. However, following the company's historic initial public offering last month, SpaceX (as the company is also known) briefly touched a market value of nearly $3 trillion before the stock entered a sharp correction.For investors, SpaceX offers a compelling case study in both volatility and valuation potential. For it to get back to $3 trillion would require not only significant revenue acceleration, but also a compelling growth narrative that supports the premise that it could outpace its more established technology peers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool