SpaceX vs Amazon: Which Stock Reigns Supreme in the Space Market?

SpaceX and Amazon are two of the most popular stocks in the market right now. While they share some similarities, there are also significant differences between the two companies.

When it comes to space ambitions, SpaceX has a clear lead over Amazon. Its Starlink satellite internet service is much more established, with over 11,000 operational satellites compared to Amazon's roughly 400. This is due in part to SpaceX's rocket launch business, which allows the company to quickly launch new satellites into space.

Amazon, on the other hand, has struggled to secure launch times and often relies on SpaceX or other companies like Blue Origin and Arianespace. While Amazon plans to start offering commercial service by year-end, it remains far behind in this area.

In terms of data centers in space, SpaceX is also ahead of the game. The company is working on developing chips that can withstand cosmic radiation and is exploring ammonia-based liquid cooling for its orbital data centers.

On the other hand, Amazon has a more durable and sustainable cloud business model. While SpaceX's return profile may not be as durable due to its reliance on current demand for compute power, Amazon is signing long-term contracts and working to establish long-term relationships with customers.