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US Politics 20w
Why is spacex more valuable than Amazon when it makes no profit and it makes 18 billion in revenue compared to Amazon’s 750 billion ?
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Anonymous 20w

Things dont make money any more, data does. Starlink and twitter is data transfer and collection. Musk bought twitter as an ai data set, all the pre-2022 tweets are gold now for untainted training

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Anonymous 20w

For years Amazon operated at an extreme loss, but they were building profit producing assets. Also, agree, valuations have little to do with the financials, been like that since 2010s.

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Anonymous replying to -> #1 20w

I mean Amazon makes money Most of it that’s profitable is AWS, but that’s real infrastructure. The delivery business / prime subscription makes revenue too, though not as much profit

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Anonymous replying to -> #1 20w

It’s valuable but not trillions of dollars valuable

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