SpaceX has not yet specified how long it plans to keep the test Starfall vehicle in orbit on this debut mission. When it returns, SpaceX is targeting an area in the Pacific Ocean for splashdown, about 700 nautical miles (1,300 km) off the United States West Coast.

Which of these space stocks has more upside potential?

While the most exciting parts of the growth potential might include things like data centers in space and massive compute deals with companies like Anthropic and Alphabet 's (NASDAQ: GOOGL) (NASDAQ: GOOG), the fact is that Starlink is the only profitable part of the company right now.

SpaceX’s IPO—the largest in history—has out-of-this-world implications for AI, space commerce and extraterrestrial exploration

The Nancy Roman Grace Telescope has arrived at NASA's Kennedy Space Center for final preparations ahead of launching to join the orbital ranks of Hubble, Webb, Spitzer and Chandra.

The downside of all this hype and excitement is a stock valuation that raises the stakes for investors. SpaceX currently trades at a market cap of $2.4 trillion, more than 120 times its 2025 revenue. That makes SpaceX perhaps the most expensive stock on Wall Street. The company must deliver eye-popping growth, or the stock will probably struggle.

One of those areas is quantum computing, a field that's starting to gain serious momentum and could reach viability status by 2030. If that's the case, investors need to position themselves to take advantage of a massive,

Elon Musk’s Space Exploration Technologies (NASDAQ:SPCX) finally inked the deal to acquire AI coding agent Cursor, a move that was rumored well before SpaceX had its IPO. The $60 billion deal adds yet another valuable piece to the already impressive AI arsenal.

SpaceX stock fell again on Monday, now poised for three straight down days after a massive run-up following its IPO earlier this month. SpaceX also confirmed its first-ever bond issuance in a filing.