Space Exploration Technologies (SPCX -0.84%), otherwise known as SpaceX, delivered a blowout earnings report for the period ended June 30. SpaceX continues to improve the technology and believes it can lower the total cost to 99% of the historical average. Where SpaceX could be in one yearThe market zeroed in on the company's $18.4 billion in capital expenditures, $15.8 billion of which went to AI. Day's Range $ 131.11 - $ 136.84 52wk Range $ 104.83 - $ 225.64 Volume 78.8M Avg Vol 124.1MIf SpaceX continues to blow past expectations, there's a good chance its stock will be in better shape to steadily rise. However, with Elon Musk at the helm, charting a new path toward the moon, there may always be risk and volatility associated with SpaceX stock.