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It's still not a profitable company with alot of debt to payoff and a valuation to justify. I don't know if we can consider 17 years without any profitable sust
by xkjkls 7y ago
It's still not a profitable company with alot of debt to payoff and a valuation to justify. I don't know if we can consider 17 years without any profitable sustainability a success.
- avmich 7y agoAmazon roughly fits this profile, with their habit of investing money in expanding markets instead of keeping profits. SpaceX is the only company which returns first stage after flight, in workable condition. In today's launch industry it's like a license to print money. It's really hard not to consider them profitable, even if they are private and don't show financial results.
- xkjkls 7y agoAmazon has only been unprofitable one year since 2001, and cash flow positive every single year. They are the exact opposite of Tesla because they didn't require returning to the capital markets every two quarters. > In today's launch industry it's like a license to print money. It's really hard not to consider them profitable, even if they are private and don't show financial results. Every report on their financial results says they are unprofitable, and they continue to want to raise more and more money.
- nickik 7y agoIt blows my mind that people in the modern world can still think this way.