SpaceX vs Amazon: Which Stock Reigns Supreme Over the Next Decade
SpaceX and Amazon are two of the most popular stocks in the market right now, but they have different investment profiles. While both companies have space ambitions, SpaceX is ahead in satellite internet services and data centers in space. The company's Starlink has a much larger constellation with over 11,000 operational satellites compared to Amazon's roughly 400.
Amazon plans to start offering commercial service by year-end, but it will be playing catch-up in this area. Meanwhile, SpaceX is far ahead in developing chips that can withstand cosmic radiation and ammonia-based liquid cooling for its orbital data centers. The company is also working on recapturing and reusing both stages of its Starship rocket.
When it comes to terrestrial data centers, Amazon has a durable and sustainable cloud business model. The company generates $200 billion in revenue last quarter, led by its e-commerce business, while SpaceX produced just $7.8 billion in Q2 2026 revenue. However, SpaceX's growth is set to skyrocket with projected $100 billion in annual recurring revenue (ARR) by year-end.