lemmy.mixdown.ca
  • Communities
  • Create Post
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
sanitation@lemmy.today to Technology@lemmy.worldEnglish · 1 day ago

SpaceX has to grow 60x in a decade to justify a $1.75 trillion valuation. It's an impossible bar | Fortune

fortune.com

external-link
message-square
156
link
fedilink
  • cross-posted to:
  • technology@lemmit.online
801
external-link

SpaceX has to grow 60x in a decade to justify a $1.75 trillion valuation. It's an impossible bar | Fortune

fortune.com

sanitation@lemmy.today to Technology@lemmy.worldEnglish · 1 day ago
message-square
156
link
fedilink
  • cross-posted to:
  • technology@lemmit.online
SpaceX needs to grow at a rate no company has ever achieved to justify a $1.75 trillion valuation | Fortune
fortune.com
external-link
SpaceX's valuation will set the bar for what the must achieve going forward to reward investors.
  • mojofrododojo@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 day ago

    yeah, and they’ve made billions off of it.

    at this rate, it’ll only take a century or two to scratch the dent on the enormous costs!

    • Aniki@feddit.org
      link
      fedilink
      English
      arrow-up
      1
      ·
      1 day ago

      have you actually looked at the numbers of cost and revenue, or are you just talking out of your ass?

      • mojofrododojo@lemmy.world
        link
        fedilink
        English
        arrow-up
        2
        ·
        1 day ago

        reuters: SpaceX generated about $8 billion in profit on $15 billion to $16 billion of revenue last year

        https://www.reuters.com/business/finance/spacex-generated-about-8-billion-profit-last-year-ahead-ipo-sources-say-2026-01-30/

        SpaceX’s annual capital expenditures quintupled in two years, hitting $20.7 billion in 2025, fueled by simultaneous Starship launch infrastructure and AI data center buildouts.

        https://finance.yahoo.com/sectors/technology/articles/eye-watering-sum-spacex-spent-124427519.html

        but that debt # includes stopgap loans before the IPO

        https://money.usnews.com/investing/news/articles/2026-04-23/exclusive-spacex-refinanced-debt-with-stopgap-20-billion-loan-before-ipo-filing

        costs will only go up from here, so by all means, give musko some of your money. what could go wrong?

        • Aniki@feddit.org
          link
          fedilink
          English
          arrow-up
          1
          ·
          edit-2
          8 hours ago

          lol i’m not giving them money, how stupid would i be. the IPO is completely overvalued

          i’m just saying, somehow they managed to make a spaceflight company profitable on its own (excluding political subsidies), which i believe is rare actually. boeing etc just do it because they get funding from NASA. i think it is fascinating how much money can be made with satellite internet.

          anyways, i don’t like musk at all. we need more competition from europe and asia.

Technology@lemmy.world

technology@lemmy.world

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


  • @L4s@lemmy.world
  • @autotldr@lemmings.world
  • @PipedLinkBot@feddit.rocks
  • @wikibot@lemmy.world
Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 6.83K users / day
  • 10.7K users / week
  • 16.9K users / month
  • 31.2K users / 6 months
  • 1 local subscriber
  • 85.2K subscribers
  • 17.2K Posts
  • 676K Comments
  • Modlog
  • mods:
  • L3s@lemmy.world
  • enu@lemmy.world
  • L4sBot@lemmy.world
  • Technopagan@lemmy.world
  • L3s@hackingne.ws
  • BE: 0.19.11
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org