Everyone Is Talking About SpaceX. Here Are 2 Growth Stocks I Like Much Better.
Yahoo Finance ·
But there's plenty of risk in owning SpaceX stock. The company is already doing great things, but that doesn't automatically make it a great investment. It's astronomically expensive and spending like money is going out of style; the fundamentals should always be of prime importance to investors. I may want to revisit SpaceX later, when it's cheaper and looking in better financial shape. But right now, MercadoLibre ( MELI +3.59% ) and On Holding ( ONON +1.42% ) look like much better growth stocks. Here's why. MercadoLibre is growing faster than SpaceX, and it's been in high-growth mode for a long time. Management recently noted that it's growing at the rate of a start-up, even though it's already several decades old. Revenue increased 49% year over year in the 2026 first quarter. At this point, it's also the leader in its industry and region, and it's profitable, something SpaceX is missing today.
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