6 ms·

SpaceX would go under, that's basically all of their income...

by RIMR 1y ago

deleted 1y ago
[deleted]
bpodgursky 1y ago
NASA is about $1B of SpaceX's ~$15B revenue. SpaceX does a LOT of commercial launch. And Starlink is growing fast.
- JumpCrisscross 1y ago
  I’m assuming if Trump is cancelling SpaceX’s NASA contracts he’s also yanking launch and possibly even radio authorisation. In a strange way, the middle path is targeting Elon personally. Not his companies.
  - bpodgursky 1y ago
    I mean if Trump really wants to lose more court cases he's welcome to try, but I doubt it would get that far. The DoD knows if SpaceX can't launch, they straight up will never get their assets into orbit. The ULA backlog is like a decade.
    - KerrAvon 1y ago
      He’s winning the important ones. The Supreme Court keeps giving him the green light to wipe his ass with the constitution.
      - JumpCrisscross 1y ago
        > He’s winning the important ones Citation? I’ve mostly been seeing win procedural motions.
  - smegger001 1y ago
    his companies board memebers need to grow a backbone and at the very least demand he go to rehab if not "promote him to Emeritus CEO" and remove his actual control give him just another seat on the board then threaten to revoke his voting rights if he does shut up.
    - bpodgursky 1y ago
      Tesla can do this but he has voting control at SpaceX
    - JumpCrisscross 1y ago
      > his companies board memebers need to grow a backbone and at the very least demand he go to rehab Why? His companies command exorbitant multiples. There is unfortunately no evidence to date that he’s harming shareholders on the net.
      - smegger001 1y ago
        Other than Tesla stock being down because of his behavior. -94.65 (-24.28%) past 6 months
        JumpCrisscross 1y ago
        Sure, but it’s still commanding a massive multiple relative to earnings. Until that goes away, the Board doesn’t have firm ground to stand on.
        smegger001 1y ago
        They also have sales numbers that have tanked they are sitting on huge amounts of unsold inventory no one is willing to buy and. A company cant surive long on market vibes alone (especially when they are dropping) when the fundamental are trash.
        ben_w 1y ago

SpaceX would go under, that's basically all of their income...

by RIMR 1y ago

SpaceX would go under, that's basically all of their income...

deleted 1y ago

[deleted]

bpodgursky 1y ago

NASA is about $1B of SpaceX's ~$15B revenue. SpaceX does a LOT of commercial launch. And Starlink is growing fast.

JumpCrisscross 1y ago
I’m assuming if Trump is cancelling SpaceX’s NASA contracts he’s also yanking launch and possibly even radio authorisation. In a strange way, the middle path is targeting Elon personally. Not his companies.
- bpodgursky 1y ago
  I mean if Trump really wants to lose more court cases he's welcome to try, but I doubt it would get that far. The DoD knows if SpaceX can't launch, they straight up will never get their assets into orbit. The ULA backlog is like a decade.
  - KerrAvon 1y ago
    He’s winning the important ones. The Supreme Court keeps giving him the green light to wipe his ass with the constitution.
    - JumpCrisscross 1y ago
      > He’s winning the important ones Citation? I’ve mostly been seeing win procedural motions.
- smegger001 1y ago
  his companies board memebers need to grow a backbone and at the very least demand he go to rehab if not "promote him to Emeritus CEO" and remove his actual control give him just another seat on the board then threaten to revoke his voting rights if he does shut up.
  - bpodgursky 1y ago
    Tesla can do this but he has voting control at SpaceX
  - JumpCrisscross 1y ago
    > his companies board memebers need to grow a backbone and at the very least demand he go to rehab Why? His companies command exorbitant multiples. There is unfortunately no evidence to date that he’s harming shareholders on the net.
    - smegger001 1y ago
      Other than Tesla stock being down because of his behavior. -94.65 (-24.28%) past 6 months
      - JumpCrisscross 1y ago
        Sure, but it’s still commanding a massive multiple relative to earnings. Until that goes away, the Board doesn’t have firm ground to stand on.
        smegger001 1y ago
        They also have sales numbers that have tanked they are sitting on huge amounts of unsold inventory no one is willing to buy and. A company cant surive long on market vibes alone (especially when they are dropping) when the fundamental are trash.
        ben_w 1y ago