Comment by arnorhs

even if they are far ahead, where does the revenue come from? current market size is like 20-40 billion annually.. even if it grows to 2x it's still a long time until that would justify the valuation.

but perhaps you are thinking that starlink is the key? sure probably a bigger market - but any market it accesses is bound to eventually prefer ground lines.

so the only way to justify the valuation is if the AI side of the business becomes the most dominant AI business