This is a bigger week than most investors realize for $SpaceX(SPCX.US) and they’re just scratching the surface.

Monday: Starship’s first orbital mission deployed 26 Starlink V3 satellites.

Thursday: Three launches. First, a Falcon 9 launch from Florida with four crew members going to the International Space Station. Second, Falcon 9 will launch from California with 103 payloads. Third, Falcon Heavy will launch NROL-97, a U.S. spy satellite, from Florida (a different pad than the one earlier in the day).

Long-Term Launch Targets: This year, SpaceX will do about 170-180 missions. In August, Musk said that by 2030, the goal is 30 Starship launches a day. If they run Mon-Fri, that’s 6k a year. In other words, we’re 3% of the way there.

The Key Question: What is the real launch number in 2030? I believe a more likely number is 2,200 by 2030, which implies about doubling every year. If they get to that 2k-plus number, my guess is the stock more than doubles from here. A double would imply an average annual return of 30% during those four years.

Source: Gene Munster