Why Blue Origin Deserves More Attention from SpaceX Investors
SpaceX (SPCX) trades like a monopoly with a $1.75 trillion valuation and over 100x trailing revenue. However, investors should not assume this lasts forever, as competitors like Blue Origin deserve more attention.
Key Numbers
SpaceX (SPCX) stock trades like a monopoly, with a $1.75 trillion valuation and over 100x trailing revenue. Numbers like that only make sense if the market believes SpaceX has no real competition for years to come.
Why Competition Matters
However, investors shouldn't count on that lasting forever. SpaceX is a truly long-horizon stock, and that cuts both ways: it also means smaller, distant competitors deserve more credence than their current market share suggests.
Blue Origin: The Key Challenger
There are few credible challengers to SpaceX today. One is Blue Origin, owned by Jeff Bezos, founder of Amazon (AMZN). The company is developing reusable rockets and spacecraft, and has secured significant government contracts.
What It Means for Investors
While SpaceX dominates now, Blue Origin's progress could reshape the competitive landscape. Amazon investors may benefit indirectly from Blue Origin's success, but direct investment in SpaceX carries concentration risk.
Frequently Asked Questions
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