- Analyst said Space Exploration Technologies (SPCX) TAM estimate near $30T is unrealistic, questioning direct-to-device wireless outlook and feasibility of 100 GW orbital compute/year by 2029.
- SPCX has about a 5% public float and a history of big price swings; its Nasdaq-100 inclusion may boost index volatility vs. the S&P 500.
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Key facts: Analyst doubts SPCX $30T TAM; 5% float could spur NDX swings
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Analyst said Space Exploration Technologies (SPCX) TAM estimate near $30T is unrealistic, questioning direct-to-device wireless outlook and feasibility of 100 GW orbital compute/ye