Amazon Could Be Worth More Than Tesla and SpaceX Combined by 2030. Here's the Math.
Three of the country's most valuable companies should be worth even more in four years.
Amazon's market capitalization currently stands at $2.8 trillion, placing it as the fifth most valuable company in the market. In contrast, Tesla and SpaceX, combined, have a market value of $3.3 trillion. When considering enterprise value, which factors in net debt, Amazon's $2.9 trillion valuation is still below Tesla and SpaceX's $3.2 trillion.
Market experts predict that Tesla and SpaceX may merge into a single entity before 2030. However, this reporter believes that Amazon will ultimately be worth more than the combined valuation of Tesla and SpaceX by the year 2030.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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