Right now, it may not seem0 like a fair fight. In one corner, you have Amazon (NASDAQ: AMZN), currently the market's fifth most valuable company, weighing in with a market cap of $2.8 tiillion. In the other corner, you have Tesla (NASDAQ: TSLA) and recent IPO ******* e Exploration Technologies (NASDAQ: SPCX). They're slightly smaller than Amazon, but when the two Elon Musk companies are combined, they add up to a market cap of $3.3 trillion.
If we use enterprise value rather than market cap, accounting for each side's net debt position, the valuation gap narrows slightly. Amazon, at $2.9 trillion, still falls short of Tesla and ******* eX, at $3.2 trillion. The math is likely to be easier by 2030, with many market pros expecting Tesla and ******* eX to merge into a single entity well before then. But I believe that e-commerce pioneer Amazon will be worth more than even a pairing of Tesla and ******* eX by 2030.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Agree? Disagree? Hear me out.
Right now, Amazon stock is the steadier and more profitable investment. It's growing its business faster than Tesla but slower than ******* eX. Fueled by its high-margin, fast-growing Amazon Web Services (AWS) cloud-hosting business, overall profitability is expanding on accelerating revenue growth.
#tesla #SpaceX #market #right
If we use enterprise value rather than market cap, accounting for each side's net debt position, the valuation gap narrows slightly. Amazon, at $2.9 trillion, still falls short of Tesla and ******* eX, at $3.2 trillion. The math is likely to be easier by 2030, with many market pros expecting Tesla and ******* eX to merge into a single entity well before then. But I believe that e-commerce pioneer Amazon will be worth more than even a pairing of Tesla and ******* eX by 2030.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Agree? Disagree? Hear me out.
Right now, Amazon stock is the steadier and more profitable investment. It's growing its business faster than Tesla but slower than ******* eX. Fueled by its high-margin, fast-growing Amazon Web Services (AWS) cloud-hosting business, overall profitability is expanding on accelerating revenue growth.
#tesla #SpaceX #market #right
4 days ago
