Comment by bjacobel
1 day ago
SpaceX claimed a TAM of $28.5 trillion in their S1, a number picked from a hat larger than the 2023 US GDP. Companies can and do lie in their S1 and there are rarely if ever any consequences for doing so.
1 day ago
SpaceX claimed a TAM of $28.5 trillion in their S1, a number picked from a hat larger than the 2023 US GDP. Companies can and do lie in their S1 and there are rarely if ever any consequences for doing so.
Do you have any other examples than that?
Personally, I do expect SpaceX to face consequences in the years to come.
>I do expect SpaceX to face consequences in the years to come.
Why?
> Personally, I do expect SpaceX to face consequences in the years to come.
Probably only and only when AOC or someone else from Bernie's camp gets to be president. Otherwise, unlikely.
Which the corporate overlords are going to spend billions to ensure it doesn't happen. I was quite sad when Bernie lost. He'd have tried to at-least shake the system.
Trump is the swamp.
Oligarchs don't face consequences in an oligarchy silly
GP apparently expects the US to return to normality, without ever facing any consequence for these last few years of idiocy and blatant corruption. "Whoopsie, sorry everybody"
4 replies →
Has nothing to do with oligarchy, has more to do with that SpaceX is providing valuable services, the disruption of which can be worse than punishing those in charge.
I think it's bollocks too but I don't think a forecast can be truth or a lie
how is that a lie? you don't see Space manufacturing having TAM comparable to that in 30 years?
Consider that many do not believe they were lying.
Saying a market is X is not lying. Saying you have X revenue is lying. Saying you have a contract with XYZ company is lying.
Under the idea that 'you can make numbers say anything you want' you could very easily justify almost any number as a potential market as long as you include the conditions or stated it in a way to be circumspect.
> a hat larger than the 2023 US GDP
Would be more accurate to mention the entire world GDP to support that argument. Then the issue is raised as far as what time period they are referring to. Current year? Future years?
It wasn't pulled out of a hat, it was the total addressable market for a space, internet, and AI company, excluding markets like Russia and China. All TAM refers to is the total market size, not their market share.
For context SpaceX's TAM is lower than Anthropic's expected TAM