SpaceX Isn't Meta, It's Amazon, Says Investor Eyeing The IPO

Nancy Tengler, CEO of Laffer Tengler Investments, argues that SpaceX should be compared to Amazon rather than Meta as it approaches its IPO. She contends that SpaceX is a transformative technology company that should be evaluated on its long-term potential to reshape how people live and work, not on traditional valuation metrics. Tengler's firm has invested in SpaceX as part of a thematic portfolio focused on disruptive technologies, and she maintains a long-term investment horizon despite potential short-term volatility.