Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTJack Delaney, The Motley FoolSat, September 12, 2026 at 12:50 AM GMT+2 5 min readSince it began trading back on June 12, Space Exploration Technologies (NASDAQ: SPCX) stock has traveled a bumpy road.The initial public offering was priced at $135 per share, and the first trade on its opening day was at $150. From there, it rose over the course of a couple of days to a peak of $225.64, then started its descent. After dropping as low as $104.83 in August, it seemed to find its footing. On Sept. 9, SpaceX closed at $147.55, 9.2% just below its first trading price.Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »We'll look at SpaceX's upside, the challenges ahead, and how much a $5,000 investment could grow by September 2027.Image source: The Motley Fool.In the Form S-1 that SpaceX filed before it went public, it ambitiously asserted that its total addressable market was worth $28.5 trillion. But what was more interesting was that the company saw $26.5 trillion of that opportunity coming from artificial intelligence (AI).It's already starting to show glimpses of what those opportunities look like, as it's been renting out compute capacity from some of its data centers to other companies with large AI operations. Both Anthropic and Alphabet are renting compute capacity from SpaceX, with those deals expected to generate $26 billion in annual revenue. That's significant, considering SpaceX generated just $18.7 billion in sales for all of 2025.In addition, SpaceX signed a compute deal with ReflectionAI that began in July and generates $150 million per month. Over the full term of the agreement, it is set to generate $6.3 billion in total revenue.Those deals, however, all involve SpaceX's ground-based data centers. One of its big ambitions is to dramatically increase its cloud compute capacity by launching a constellation of orbital data center satellites that harness solar energy for power 24 hours a day. Such satellites would not be subject to the same energy and resource constraints as traditional data centers.Earlier this year, SpaceX filed an application with the Federal Communications Commission for permission to launch up to 1 million satellites to serve as orbital data centers, and it expects to begin launching its first ones by 2028. That would position it as an early leader in building AI infrastructure in space, and to reap the rewards of a first-mover advantage.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info