Is SpaceX a Buy Right Now While It's Down from Its Peak? Here's My Honest Take.

SpaceX, founded by Elon Musk in 2002, recently debuted on the stock market with a 23% increase in its first five days, though it has since retreated from its peak. The company, known for its reusable rocket technology, also operates Starlink, a rapidly growing satellite internet service, and an AI arm formed through a recent merger with xAI. While Starlink drives significant revenue, the AI division currently incurs high capital expenditures, leading to a net loss for the company despite a record IPO.