/A%20close-up%20of%20the%20SpaceX%20sign%20on%20a%20black%20building%20by%20IanDewarPhotography%20via%20Adobe%20Stock.jpeg)
Artificial intelligence has investors rethinking how companies create value. Businesses once judged by hardware or software alone are increasingly building entire ecosystems spanning chips, cloud infrastructure, applications, and distribution. Few companies illustrate that shift better than SpaceX (SPCX).
Consensus projections already call for extraordinary growth, but those estimates may underestimate how much the company is changing. At the same time, they may also underestimate the cost of getting there. For investors considering SpaceX's IPO, the real question is no longer whether revenue can grow, but whether profits can eventually catch up.
