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SpaceX (SPCX) stock is still nothing more than a plaything for investors. The underlying business is a whole other story. It has excellent long-term potential, provided it can get its house in order.
As you may recall, the SpaceX IPO is when many investors found out that they are not just getting Elon Musk’s space exploration company, but also a set of less-desirable associated businesses. And perhaps soon, a car company named Tesla (TSLA). But that’s another story for another day.
