A $3,000 (approximately £2,250) investment in Elon Musk's SpaceX could be worth about $7,500 (approximately £5,627) by December 2030 if the company's market value reaches $5 trillion (approximately £3.75 trillion), according to an analyst's projection. The company trades on Nasdaq under the ticker SPCX, but the figure is an estimate, not a SpaceX forecast.
SpaceX went public in June after an initial public offering. Market data for 16 October put its share price at $146.03 (approximately £109.57), down 1.74 per cent on the day, and its market capitalisation at about $2.02 trillion (approximately £1.52 trillion). The share-price figure and 52-week range cited below are estimates from a financial-data provider.
