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Yes, but they haven't made $4 billion in profits. That's "just" their revenue from the contracts. Compared to a software company, they have huge capex and huge
by nandemo 12y ago
Yes, but they haven't made $4 billion in profits. That's "just" their revenue from the contracts. Compared to a software company, they have huge capex and huge operating costs.
- wuliwong 12y agoSuper-late reply but yes, agreed. I am wondering how much value they have in capital goods and land? Like if whatsapp goes bust, it's worth zero but SpaceX has some assets it could sell. And again, they have 3,000 employees, I would think buying heavily considers the size of the workforce they are acquiring.