The other components, Apple (NASDAQ: AAPL), Nvidia (NASDAQ: NVDA), Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Microsoft (NASDAQ: MSFT), and Amazon (NASDAQ: AMZN), are the five most valuable companies in the world. Since then, the S&P 500 is down 2%, the Nasdaq-100 is down 7%, and SpaceX stock is down 25%. Most of the Magnificent Seven companies have released earnings recently, with Nvidia scheduled for Aug. 26. Let's see how SpaceX stacks up next to the Magnificent Seven stocks. Goldman Sachs analysts expect AI revenue to increase 100-fold by 2030, and Morgan Stanley analysts forecast $3.4 trillion in SpaceX revenue by 2040.