The analyst pointed out that SpaceX's stock price, based on its current market capitalization of $1.9 trillion and trailing 12-month revenue of $23 billion, has a price-to-sales ratio of 83x, significantly higher than the Nasdaq 100 index's 6.3x. Although company CFO Bret Johnsen expects the AI business to reach an annualized revenue of $100 billion by the end of 2026, Wall Street analysts' average total revenue forecast for 2027 is approximately $98 billion. The analyst believes that if recent fluctuations in the AI industry lead to a decrease in infrastructure demand, SpaceX's stock price could fall below $100 in the next year, offering investors a better buying opportunity.