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SpaceX (SPCX) is no longer just the company trying to make rockets land themselves. Elon Musk’s space company has built a sprawling business around launch services, the Dragon spacecraft, and Starlink, its satellite internet network. Now that SpaceX has finally entered the public markets, investors have a much closer look at how all those pieces translate into a business.
The stock has been anything but boring since its June IPO. Shares have moved sharply as investors weigh SpaceX’s enormous growth ambitions against the risks that come with an expensive, capital-intensive space business. That volatility makes every major contract worth watching, particularly when the customer is NASA.
