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Boeing is worth $132 billion, but they also have a backlog of over 5,000 commercial aircraft, and a valuable defense business on top of that. They will likely h
by missedthecue 5y ago
Boeing is worth $132 billion, but they also have a backlog of over 5,000 commercial aircraft, and a valuable defense business on top of that. They will likely have more profit over the next 4 quarters than SpaceX will do in revenue. I don't really think it's an appropriate comparison for SpaceX.
- DennisP 5y agoIf you just look at what SpaceX does today, then definitely not. But Starship would drastically expand the market, and a full rollout of Starlink would turn SpaceX into a major telecom company on top of that. Both are far enough along to take into account for valuation.
- freemint 5y agoOr it will absolutely tank the the market price as satellite projects are multi year projects and the demand will only grow slowly outside Elon selling launch slots to himself (Starlink).