Is SpaceX a Better Buy Than Amazon?
Both companies have been grabbing headlines.
Is SpaceX a Better Buy Than Amazon?
Overview
It took Amazon (NASDAQ: AMZN) about 27 years as a publicly traded company to reach a market cap of $2 trillion. Space Exploration Technologies (NASDAQ: SPCX) got to that milestone in about a week. In fact, SpaceX briefly overtook Amazon as the fifth-largest corporation on the market, although as of this writing, the e-commerce specialist is back ahead. Clearly, many investors have incredibly high hopes for SpaceX, but is the aerospace manufacturer a better buy than Amazon? Let's find out.
Image source: The Motley Fool.
SpaceX may be a newbie on equity markets, but the company is well-known within its industry and has helped revolutionize space travel by pioneering reusable rockets. SpaceX dominates this field. In 2025, it had more successful orbital launches (by a mile) than any of its competitors. That said, SpaceX's most profitable business isn't space travel. That title goes to Starlink, which provides high-speed broadband through a network of Low Earth Orbit satellites.
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Originally published at www.fool.com.
