Analysts project Amazon’s valuation could exceed $3.3 trillion, outpacing Tesla and SpaceX’s combined market cap within six years.
Amazon’s market capitalization stands at $2.8 trillion, trailing Tesla and SpaceX’s combined $3.3 trillion. Using enterprise value, the gap narrows slightly, with Amazon at $2.9 trillion versus $3.2 trillion for the Musk-led firms.
Amazon’s latest quarter showed 20% year-over-year revenue growth, its strongest in five years, driven by AWS and a 16% rise in North American e-commerce. Analysts expect Tesla and SpaceX to merge before 2030, simplifying valuation comparisons.
Projections suggest Amazon’s profitability and steady expansion could push its valuation ahead of the combined Tesla-SpaceX entity by 2030, despite SpaceX’s rapid growth.