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Barchart
Barchart
Anushka Mukherji

Why Cathie Wood Says SpaceX Stock Could Be a Deep-Value Buy

The space economy is taking off, and investors are starting to look beyond rockets and satellites to what could become one of the biggest technology opportunities of the 21st century. The excitement reached new heights after SpaceX (SPCX) went public with a bang in June 2026. The historic initial public offering (IPO) catapulted the space giant into the ranks of the world’s most valuable publicly traded companies by market capitalization, fueling optimism around satellite internet, artificial intelligence (AI), and the future of space-based applications.

While SPCX stock has given up some ground since its blockbuster debut, Cathie Wood doesn’t appear ready to write off the company’s long-term potential just yet. The founder of Ark Invest and one of Wall Street’s most prominent voices for her bold bets on disruptive technologies, Wood recently took to social media platform X to highlight the massive revenue potential of SpaceX’s Starship program. Wood suggested that each Starship launch could generate as much as $1 billion in revenue, while CEO Elon Musk’s ambitious target of 10,000 flights per year by 2030 could translate into a staggering $10 trillion revenue opportunity.

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