Is $SPCX the Next 10x Opportunity?
Three years ago, I explained why $Micron Technology(MU)$ could become a 10x opportunity from around $120.
Today, I see one stock with a remarkably similar setup: $SpaceX(SPCX)$ .
After finding a potential bottom near $108, $SPCX surged above $146, yet some analyst targets remain dramatically higher, with estimates reaching $800–$1,000+. That gap suggests the market may still be pricing the company primarily on what it is today rather than what it could become as its next phase of growth develops.
The latest earnings report adds weight to the bullish thesis. In Q2 2026, revenue reached $7.81 billion, beating the $6.93 billion consensus estimate and surging 92% YoY from $4.1 billion.
Net loss narrowed to $541 million, or $0.09 per share, significantly better than the expected $0.26 loss. Adjusted EBITDA also jumped 191% YoY to $3.5 billion, showing substantial improvement in operating leverage.
Meanwhile, SpaceX ended the quarter with $93.5 billion in cash and equivalents, strengthened by its historic IPO proceeds.
The setup is still early, but the combination of accelerating revenue, improving profitability and enormous capital resources makes $SPCX one of the most interesting long-term AI and infrastructure stories to watch.
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