Comment by estearum
2 months 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.
2 months 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.
Get de-facto monopoly on American space launches and I don't think they need to be anything else.
Ok, but that means they will shrink down to $7 per share like the analysts are telling us.
Payload 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.
> 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.
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