| ▲ | m-i-l 2 hours ago | |
> "Amazon famously remained unprofitable due to reinvestment and waiting for them to become profitable before investing was a bad bet." Amazon wasn't profitable because it reinvested earnings into growth, while SpaceX is funding it's growth by taking on very significant levels of debt (which will take a big chunk of future earnings just to service). These aren't comparable from a risk perspective. | ||
| ▲ | JumpCrisscross 2 hours ago | parent [-] | |
> Amazon wasn't profitable because it reinvested earnings into growth Was this obvious early on? | ||