A sustained competitive advantage is the best way to sustain a company’s growth and raise its stock price.
But it’s not always obvious to the market where one company stands relative to its competitors
Elon Musk’s SpaceX is the global leader in rocket launch services, and it’s more obvious than ever. One of its primary challengers, Blue Origin, founded by billionaire Jeff Bezos, recently had a rocket explode during a test launch. Beyond the explosion going viral, it reminds investors of the high stakes of launching powerful rockets into orbit.
Here’s why the Blue Origin explosion is likely to add more fuel to SpaceX’s upcoming blockbuster initial public offering (IPO). SpaceX is still the industry leader, and it’s not close It’s not that SpaceX hasn’t had explosions during test launches. However, it’s very different when you’re the industry leader pushing new boundaries, rather than a challenger playing catch-up.