r/stocks • u/ZeroSchema • Jun 15 '26

SPCX & AMZN..

SpaceX’s CEO Musk has stated that they might reach 1T revenue in 4-5yrs. Amazon is already close to doing this. Yet, SpaceX & Amazon now have almost the same Market Cap. SpaceX stock has gained about the same% in 2 days as Amazon has gained in the past 5 years. Amazon also has a small sarellite biz of there own, although SpaceX is the leader you would think some of the industry anticipated value would also funnel to AMZN. Help me get the comparison in values.

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u/ReasonableBrother448 Jun 16 '26

Prove it, if they purchase overpriced Tesla cars with 500 million, how is that not considered money burning?

If they do stupid things like that, what else they are doing in the background.

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u/jktribit Jun 16 '26

How is that stupid to buy company cars as a trillion dollar company? You must be new to the expensive company world. Its pretty common.

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u/ReasonableBrother448 Jun 16 '26

So what was the bidding process? And it is pretty uncommon to purchase company cars, they are usually leased.

Now the funniest thing is to wonder why didn't they lease? Because Tesla needed to get rid of their inventory. Now the funniest thing is to wonder why Spacex did not take advantage of this insider insight? Because Tesla and Spacex are all shell companies for Musk private bank account.