Could Investing $5,000 in SpaceX Help Make You a Millionaire?

Key Points SpaceX stock has slid since the company went public two months ago. It's nearly impossible for the stock to make you a millionaire with just a $5,000 investment. 10 stocks we like better than Space Exploration Technologies › The initial surge in Space Exploration Technologies (NASDAQ: SPCX) shares when the company went public had some people wondering whether SpaceX stock would continue to climb higher. Instead, its share price is hovering around $140, below its opening price of $150 when it first began trading. Some investors are no doubt wondering whether now is a good time to buy. If so, could buying $5,000 of SpaceX stock make one a millionaire over the coming years? Here's what you should know. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » Image source: The Motley Fool. SpaceX is making some huge bets SpaceX has a lot of ambitious projects . The company just completed the 13th test of its reusable Starship rocket, the largest rocket ever flown, which is key to reducing launch costs and boosting selling prices for SpaceX's rocket business. Once Starships are used for commercial launches, SpaceX estimates that it will reduce the cost of reaching orbit by 99% compared to historical launch costs. The company also has a frontier AI model, Grok, and is in the process of building data centers for its own use and to sell AI compute power to other companies. SpaceX is also exploring the possibility of building orbital data centers, which it says could eventually be run more efficiently than those on Earth. Doing all of this costs a considerable amount of money. SpaceX's capital expenditures (capex) accelerated in its second quarter (which ended June 30) to $18.4 billion. That was a significant increase of 550% in capex spending from the year-ago quarter, and it could go higher as SpaceX builds 10 gigawatts of AI data center capacity by the end of next year. Despite generating $7.8 billion in revenue -- mostly from the company's Starlink satellite internet business -- SpaceX reported a loss of $541 million in the quarter due to high spending. Why $5,000 put toward SpaceX stock won't make you a millionaire While SpaceX has a lot of potential for future growth from its big bets, the math just doesn't add up for you to become a millionaire with just a $5,000 investment. With that amount, SpaceX's shares would have to increase by nearly 20,000%. This would be an impossible feat considering that SpaceX's market cap is already $1.8 trillion. This doesn't mean that SpaceX stock can't make significant gains or that its big bets on AI and rockets won't pay off, but investors should temper their expectations. SpaceX is spending heavily on its businesses at a time when many investors are questioning whether the return on investment for AI will pan out. That could result in investors reacting strongly to any negative developments for the company, adding significant instability to SpaceX's short-term share price growth. Should you buy stock in Space Exploration Technologies right now? Before you buy stock in Space Exploration Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Space Exploration Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $421,511 !* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,381,960 !* Now, it’s worth noting Stock Advisor’s total average return is 981 % — a market-crushing outperformance compared to 216% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor , and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of August 15, 2026. Chris Neiger has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy .

SpaceX stock has slid since the company went public two months ago.

It's nearly impossible for the stock to make you a millionaire with just a $5,000 investment.

The initial surge in Space Exploration Technologies (NASDAQ: SPCX) shares when the company went public had some people wondering whether SpaceX stock would continue to climb higher. Instead, its share price is hovering around $140, below its opening price of $150 when it first began trading.

Some investors are no doubt wondering whether now is a good time to buy. If so, could buying $5,000 of SpaceX stock make one a millionaire over the coming years? Here's what you should know.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »

SpaceX has a lot of ambitious projects . The company just completed the 13th test of its reusable Starship rocket, the largest rocket ever flown, which is key to reducing launch costs and boosting selling prices for SpaceX's rocket business. Once Starships are used for commercial launches, SpaceX estimates that it will reduce the cost of reaching orbit by 99% compared to historical launch costs.

The company also has a frontier AI model, Grok, and is in the process of building data centers for its own use and to sell AI compute power to other companies. SpaceX is also exploring the possibility of building orbital data centers, which it says could eventually be run more efficiently than those on Earth.