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In what world is SpaceX valued at $20B while Uber is valued at $69B?
by omarforgotpwd 9y ago
In what world is SpaceX valued at $20B while Uber is valued at $69B?
- emersonrsantos 9y agoWorld of demand, automobile industry was just the same 100 years ago.
- burkaman 9y ago$20B is right around NASA's budget. At least society is consistent in valuing space exploration.
- tertius 9y agoBudget, as in expenditure per year no market value.
- jdavis703 9y agoThe budget is what the general voting public values NASA at for a given year, while the market cap of a firm is what the last sucker to buy a stock thinks it's valued at.
- omarforgotpwd 9y agoWhat the last buyer was willing to pay AND what the owners were not willing to sell for. What is the price America would be willing to sell NASA for? That's the market value.
- tertius 9y agoBudget is basically equivalent to revenue. Public (government) to private. Value of NASA is quite a bit more than their yearly expenditure.
- kijin 9y agoA world where valuation is roughly proportional to the number of rounds of investment you went through. If you already have a solid path to profitability, you don't need to court investors as often as a hemorrhaging company does.
- Turing_Machine 9y agoA world in which a whole lot more people take cabs than buy tickets to space. :-)