The author expects SpaceX (SPCX), Nvidia (NVDA) and Alphabet (GOOGL) to be worth more than Apple within five years, even after Apple recently regained the top market-cap spot. SpaceX, at about $2 trillion, could grow through AI infrastructure, with CEO Elon Musk projecting $500 billion to $1 trillion in annual recurring revenue in 2027, and a Tesla merger could quickly narrow the gap. Nvidia, with a $5 trillion market cap, trades at 13 times fiscal 2028 analyst estimates on a forward P/E basis, less than half of Apple's valuation. Alphabet, near $4 trillion, is credited with a lead in custom TPU chips, with Anthropic set to become a major TPU customer, and with distribution advantages from Search, Chrome and Android. The author argues that even a 10-times price-to-sales multiple on SpaceX's revenue would value it at $10 trillion.
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SpaceXNvidiaAppleAlphabetvaluation
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Related tickers and likely impact
AAPL
• NeutralApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 10/26/2026 | 343.98 |
| Change that session | -1.08% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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