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"No it's not" replies and silent downvotes instead of arguments didn't use to be how HN worked. Sad to see this place becoming a normal web forum.
by BurningFrog 3mo ago
"No it's not" replies and silent downvotes instead of arguments didn't use to be how HN worked.
Sad to see this place becoming a normal web forum.
- rsynnott 3mo agoI mean, it was a response to a claim, without evidence, that it was valuable. Is your position that _you_ can make assertions without evidence but that lesser mortals may not contradict you without writing a paper on the subject? I’m convinced that a large part of the user base of this site is genuinely, literally, solipsistic.
- BurningFrog 3mo agoMy position is more that it's OK to mention a well known and easily verifiable fact without digging out authoritative sources.
- rsynnott 3mo ago… No, I mean, on the face of it it’s a surprising claim. Why do you think it is valuable? What is the market?
- BurningFrog 3mo agoThe simple answer is that SpaceX is worth about 1900 billion dollars at today's stock price. It's the 7th most valuable company on Earth. According to an AI I asked, about 50% of that value is Starlink, with space launches and AI making up about 25% each. The Starlink business depends on their cheap space launch tech, so using these rough numbers capability I'd say it is worth 75% of the company, or $1400B.
- rsynnott 3mo agoEr, don’t believe everything the magic robots tell you. Like, seriously, why on earth could you believe an LLM on this? Have we completely lost all power of critical thinking?
- BurningFrog 3mo agoThe exact percentages is not the point. SpaceX is worth $1832B¹, and those are the three main revenue streams. However you slice it, their rocket launch business is extremely valuable. ¹ https://finance.yahoo.com/quote/SPCX/ https://finance.yahoo.com/quote/SPCX/
- Lomlioto 3mo agoI don't downvote. And i brought an argument. You said it makes space-x very valuable and i explain that the amount of payload we even send up is very limited which contracditcs 'very valuable'. I then explain further what Elon Musks plan is to sell us his trillion dollar company or how you frame it 'very valuable' and explain why it doesn't work
- BurningFrog 3mo agoObjectively, SpaceX is worth 1.83 trillion dollars right now: https://finance.yahoo.com/quote/SPCX/ https://finance.yahoo.com/quote/SPCX/ I think that qualifies as "very valuable" in any context.