The CNBC Investing Club, whose portfolio now has 31 positions, is considering adding SpaceX to its stocks-to-watch list. After its June initial public offering, the stock, MS, settled in the $140 range after reaching an intraday high of nearly $226. SpaceX operates in space launches and satellites, Starlink connectivity, and artificial intelligence, with an estimated total addressable market of $28.5 trillion. In the third quarter, the artificial intelligence business generated $7.56 billion in revenue, while Starlink posted $2.37 billion in operating profit and has nearly 14 million consumer subscribers. Analysts expect adjusted earnings of $3.71 per share in 2027, representing a price-to-earnings ratio of 38.5 times.
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