6 ms·
> It’s surprising just how low the revenue is for SpaceX. There are some 700+ companies with larger revenue figures, and yet just a small handful exceed SpaceX’
by throw0101a 5mo ago
> It’s surprising just how low the revenue is for SpaceX. There are some 700+ companies with larger revenue figures, and yet just a small handful exceed SpaceX’s proposed valuation.
As Patrick Boyle points out in this video "SpaceX IPO: Nice Try Though" (6m40s):
* https://www.youtube.com/watch?v=IHD8BDFYyGI https://www.youtube.com/watch?v=IHD8BDFYyGI
SpaceX has about the same revenue as breakfast cereal maker Kellogg's, but Kellogg's is more profitable.