Space infrastructure and generative artificial intelligence (AI) are two of the hottest megatrends currently taking Wall Street by storm. And Space Exploration Technologies (NASDAQ: SPCX) offers exposure to both. That said, with a market cap of $2.16 trillion, investors will naturally wonder if the company can still generate enough momentum to move the needle. Let's dig deeper into the pros and cons of SpaceX to decide what its stock might be worth by the end of 2030. Whenever a company goes public relatively late in its lifecycle, it makes sense to be suspicious about why. After all, no investor wants to be left holding the bag for a mature business that is done growing. However, SpaceX's recent results have totally dispelled these fears. Third-quarter earnings were a blowout with revenue surging 161% year over year, driven by momentum across all its segments. But the most interesting result was in AI, which management is now calling super intelligence (SI). This business involves acquiring data center computing power and renting it out to hyperscalers to run and train AI models, and it saw sales jump more than ninefold to $7.56 billion.
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