Analysts Favor Nvidia Over SpaceX After Goldman $474B Forecast

On June 19, market commentary urged investors to buy Nvidia, Apple, and Amazon instead of SpaceX at its stretched valuation. The shift follows SpaceX’s rapid post-IPO surge to a $2.5 trillion market cap on June 17 and Goldman Sachs’ June 18 projection of $474 billion revenue by 2030, including $322 billion from AI. Nvidia is positioned as the prime beneficiary through GPU supply, boasting 85% year-over-year revenue growth to $81.6 billion and $45.5 billion in adjusted profits, while SpaceX remains loss-making with just $18 billion in 2025 revenue.