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When people picture **Space Exploration Technologies** (NASDAQ: SPCX), the first things that likely come to their minds are its reusable Falcon rockets. What investors may not fully grasp is that SpaceX is building a three-headed machine across launch, satellite internet, and artificial intelligence (AI) computing. Currently, SpaceX boasts a market capitalization of just under $2 trillion.
The question I am wondering is whether the AI pillar can stretch that value toward $3 trillion without the broader story falling apart. **_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 »_** The short answer to that question is yes, it's possible.
SpaceX's path to a $3 trillion market cap would have to run through cash flow that thus far has come from just one side of the business, but that now has a second engine quietly warming up. SpaceX today: What is paying the bills, and what is still burning cash? The space business was SpaceX's original foundation.
This segment specializes in launching rockets -- the Falcon 9 and Falcon Heavy -- that carry NASA crews and cargo, as well as private company payloads. It's also pouring money into the development of its larger Starship launch vehicle. Through the first six months of the year, the space business generated $1.6 billion in revenue from 78 launches.
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