4 ms·

Why at this valuation do you think it's attractive? $30.5 billion is a hell of a price to pay for a business with only around $2 billion in revenue.

• burgerboy 8y ago
  Till they grab a asteroid made of diamonds
• Tuna-Fish 8y ago
  Because you expect the revenue to go up dramatically in the future. The main reason for that belief, at least for me, is Starlink.
  • abledon 8y ago
    that + mining asteroids w/ boring company tech
    • rohit2412 8y ago
      If that is their projected revenue source, I think most of us would agree that SpaceX is over valued
      • abledon 8y ago
        maybe most of HN, but i'm not so sure about the majority of small dreamers on reddit who like investing
        • xkjkls 8y ago
          I'm not sure that is who I want valuing companies