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Barchart
Ruchi Gupta

SpaceX Is the World’s Most Ambitious Company. You Should Still Wait for a Pullback in SPCX Stock Before You Buy.

SpaceX SPACE SPCX Oppenheimer Cursor Timothy Horan Starlink

Space Exploration Technologies (SPCX), better known as SpaceX, is a vertically integrated aerospace, satellite connectivity, and artificial intelligence heavyweight. Founded by Elon Musk in 2002, the company operates across three main units – Starlink (connectivity), xAI (artificial intelligence), and Space. The company has redefined the economics related to space exploration using reusable rockets, minimizing launch costs by up to 90% versus competitors.

Its connectivity program, Starlink, now handles approximately 9,600 low-earth orbiting satellites in over 164 countries, delivering high-speed internet, low-latency internet connectivity. Meanwhile the xAI platform, now integrated into SpaceX, spans its frontier, Grok LLM, the X platform (formerly known as Twitter), and orbital AI compute satellites slated for deployment in 2028.

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