4 ms·
According to SpaceX's own filing documents, you are incorrect. They must be principally an AI company to justify anything close to their current valuation.
by estearum 4mo ago
According 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 4mo agoGet de-facto monopoly on American space launches and I don't think they need to be anything else.
- Lomlioto 4mo 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 4mo 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 4mo 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 4mo 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 4mo agoThey already send stuff like this up.
- imtringued 4mo agoOk, but that means they will shrink down to $7 per share like the analysts are telling us.