SpaceX Could Soon Run Into a $2.7 Trillion Roadblock Named Amazon [Globe and Mail, The (Toronto, Canada)]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: Globe and Mail, The
Amazon is set to be a formidable rival to Space X with its massive cash position. SpaceX needs a stellar IPO to raise the cash needed to compete against Amazon Leo. What's the most exciting investing story of 2026? While there are several contenders, I'd say the impending initial public offering of SpaceX ranks near the top of the list. The space technology company founded by Elon Musk is preparing for a valuation in the ballpark of $2 trillion, which would make it by far the highest-valued IPO stock ever. The biggest reason for SpaceX's expected astronomical market cap is its Starlink satellite internet service. Starlink generated revenue of $15 billion to $16 billion with profits of around $8 billion last year, according to Reuters. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » But the seemingly easy
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- SpaceX Could Soon Run Into a $2.7 Trillion Roadblock Named Amazon [Yahoo! Finance]Yahoo! Finance
AMZN
Earnings
- 2/5/26 - Miss
AMZN
Sec Filings
- 4/17/26 - Form 144
- 4/16/26 - Form 4
- 4/14/26 - Form 144
- AMZN's page on the SEC website