4 ms·
> Just be a rocket company
by embedding-shape 3mo ago
> Just be a rocket company
- estearum 3mo agoAccording to SpaceX's own filing documents, you are incorrect. They must be principally an AI company to justify anything close to their current valuation.
- embedding-shape 3mo agoGet de-facto monopoly on American space launches and I don't think they need to be anything else.
- Lomlioto 3mo agoPayload into space is a very limited business. This doesn't make Space-X such a high valued company at all. And while Space-X is doing its thing, the rest of the world started to move too (china). So first mover advantage is disappearing.
- embedding-shape 3mo ago> Payload into space is a very limited business. Today, sure. In the future, very unlikely. US military and alike are also unlikely to start to rely on China to ship stuff to space.
- Lomlioto 3mo agoWe already send up a ton of satelites etc. So what will reasonable be the payload we send up which makes Space-X a Trillion dollar company? It will not be Datacenters for at least 50 or 100 years more.
- embedding-shape 3mo ago> So what will reasonable be the payload we send up which makes Space-X a Trillion dollar company? Being familiar with US history, I'd guess they'll send up a ton of weapons and surveillance utilities basically, together with some lower-class stuff like what consumers and end-users get slight benefits from.
- Lomlioto 3mo agoThey already send stuff like this up.
- imtringued 3mo agoOk, but that means they will shrink down to $7 per share like the analysts are telling us.
- Gigachad 3mo agoThe rocket business is hardly profitable. The whole valuation is based around grok and space datacenters. He needs to keep pumping the hype or else we are in for the worlds biggest crash.
- m4rtink 3mo agoWell, in the long run expansion into space is the only profitable thing.
- Gigachad 3mo agoI’m sure that’s an idea Musk wants to sell you on.
- sumeno 3mo agoWhat a bizarre take. What's so special out there that we can feasibly reach in the lifetimes of our grandchildren that makes it the "only profitable thing"?
- brightball 3mo agoData centers without local protests?
- sumeno 3mo agoI mean real things, not ridiculous bullshit to con investors and rubes
- brightball 3mo agoAmazon and Google are also pursuing the same thing. Either all three of these companies are full of it or they believe they have solved the blocking problems. https://siliconcanals.com/sc-d-spacex-amazon-and-google-want-orbital-data-centers-four-engineering-barriers-reveal-who-really-benefits/ https://siliconcanals.com/sc-d-spacex-amazon-and-google-want...
- solumunus 3mo agoWhy would a rocket company be worth trillions? Are you trying to be funny?