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SpaceX Set to Overtake Amazon in Value as It Soars for Third Day

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Re: SpaceX Set to Overtake Amazon in Value as It Soars for Third Day

#11

Post by general1465 »

MSKJ wrote: post #10
amanaplanacanal wrote: post #8

Earlier quoted context omitted.

I was sceptical of Amazon early on too. But they had a couple of things going for them that SpaceX doesn't have: one was a huge potential market. People were already buying books, Amazon made it easy to do from your home, with next day delivery. The other was that Amazon had no competition in that space, nobody else was doing online ordering with next day delivery. It wasn't obvious that customers would prefer to sho…

"I was skeptical of Amazon early on too. But they had a couple of things going for them that SpaceX doesn't have: one was a huge potential market. People were already buying books, Amazon made it easy to do from your home, with next day delivery. The other was that Amazon had no competition in that space" I mean these are both valid for SpaceX also, take out the execution and technological difficulty. There is a huge…

> There is a huge potential market in space

Is there? Most of their launches (like 90%+) are Starlink + there is high demand to not to use US technology because you may get banned when administration is not feeling the vibe today.

It is not like SpaceX can open space port in Europe or China to bypass US regulations. While Amazon pretty much can.

Re: SpaceX Set to Overtake Amazon in Value as It Soars for Third Day

#12

Post by Gud »

dismalaf wrote: post #5
Cider9986 wrote: post #2

Can we not consider this a meme stock that the entire traditional banking system is endorsing?

I still remember when Amazon was a meme stock that everyone shit on for not making profit.

Not “everyone”, it was clear to many that Amazon was continuously reinvesting into the business for perpetual growth.

SpaceX has a tiny revenue compared to its market cap.

Re: SpaceX Set to Overtake Amazon in Value as It Soars for Third Day

#14

Post by MSKJ »

general1465 wrote: post #11
MSKJ wrote: post #10

Earlier quoted context omitted.

"I was skeptical of Amazon early on too. But they had a couple of things going for them that SpaceX doesn't have: one was a huge potential market. People were already buying books, Amazon made it easy to do from your home, with next day delivery. The other was that Amazon had no competition in that space" I mean these are both valid for SpaceX also, take out the execution and technological difficulty. There is a huge…

> There is a huge potential market in space Is there? Most of their launches (like 90%+) are Starlink + there is high demand to not to use US technology because you may get banned when administration is not feeling the vibe today. It is not like SpaceX can open space port in Europe or China to bypass US regulations. While Amazon pretty much can.

The volatility of the administration is a real concern, and it's motives are upsetting at times. Looking at the market in space, mining could be very lucrative and as costs keep coming down there should be more launches.

Lack of international competition here is actually working against them here

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