Could SpaceX Stock Help You Retire a Millionaire?
By newsfeedback@fool.com (Prosper Junior Bakiny)
Read original article on Motley FoolTesla (NASDAQ: TSLA) went public in 2010 and has delivered life-changing returns since. Given its average annualized returns of 40.11% (as of writing) since it hit equity markets, $5,000 invested in Tesla 16 years ago would be worth more than $1 million today.
Tesla's co-founder and CEO, Elon Musk, recently took another one of his companies public: Space Exploration Technologies (NASDAQ: SPCX), and many investors have high hopes for the rocket company. Could SpaceX follow in Tesla's footsteps and deliver millionaire-maker-level returns?
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