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That's a good point. Still, I can see reasons for raising it's perceived value over last year. A year ago, Falcon Heavy still hadn't launched. Will that happen
by mabbo 8y ago
That's a good point. Still, I can see reasons for raising it's perceived value over last year.
A year ago, Falcon Heavy still hadn't launched. Will that happen in 2018? Ever? We didn't know.
A year ago, we were still barely a year since the 2016 pad explosion- is this going to happen again? How often? What if it happens tomorrow?
And most importantly, we've doubled (ish?) the number of landings. With more data, we've got a better estimate on the expected future success rate.
SpaceX is becoming a less risky investment. There was always a valuation hit because of that risk.
- taneq 8y agoGiven the advances they've made in the past year I think 10% is a conservative estimate of the change in valuation. And, as others have said, if Starlink pans out then they will effectively corner the market on broadband internet, which is a massive multi-billion dollar industry.