Why are people acting like the valuation is insane? They're the #1 launch provider and it's not even close.People who understand the technology think it could be 5-10 years for private competition to catch up.
>>62361078Space-x haters are 99% TDS libtards. If they don't want their index fund to include space-x, then sell the index fund. So fucking retarded.
>>62361104Does VTI include SPCX?
>>623610785-10 years is ridiculously optimistic. By then Starship will be operational and no other company has a vehicle that comes anywhere close to cargo capacity and functionality of starship. No company even has anything resembling a competitor to starship in the concept stage. This isn’t a hard buy decision. It’s literally the buy of the century.
>>62361078it's such an obvious buy and hold for 10+ years
itt: retarded shills
>>62361104What makes SpaceX so special that indexes should bend their rules to fast track it in? Obviously you believe in them, no one is stopping you from going all in.
>>62361508Not yet, but once it's listed on the NASDAQ (they're frauding it in) it will be.
Sorry baggie, we warned you.
>>62361078In about 2 years, Starlink will be subjected to non-trivial competition. It'll probably be 10 years before SpaceX is fully Tesla'd by the competition, but SpaceX is not going to make $2T profit in that timespan.
>>62361078peak retard bubble when people start seriously speculating on space
>>62361526>No company even has anything resembling a competitor to starship in the concept stageThere are at least two Starship clones in development in China: CASC's Long March 9BG and Landspace's Vermillion Bird 4. The Chinese are already doing full-system hot-fire tests of Raptor-style engines, as well as load tests on structural components for 10 meter diameter rockets. In the US, Stoke Space is testing a similar engine, and is developing a fully reusable rocket called Nova.
>>62362926fud spreaders will sit on the sidelines while hype chads make all the money
>>62361526>conceptLol. Lmao even.
>>62361078That evaluation has nothing to do with space. Their own documents say that space activities are <5% of their addressable market.
>>62361104Im not invested in the nasdAAAAAAAQ so nmpHave fun baggies
>>62363425China will never beat the US in space
>>62361078because it's not a profitable business plus he just bolted xAI onto it to ride the AI hype wave and pump the valuationpretty transparent strategy desui'll be scooping it up after the gigadump thoughever desu
>>62361078what's the bull case on launching rockets being a multi-trillion dollar company? space mining?
>>62361078they have no competition, that includes NASA. SLS is a rocket by committee; no one besides them wants to use it because 2b+ per launch is completely ridiculous when SpaceX exists.still, the valuation is insane because the use case of going to space is minor right now. what does SpaceX do? they service the ISS, soon to be retired, no replacement planned. and they launch microsats. data centers in orbit is a ridiculous fantasy Musk spins to keep the gravy train going. asteroid mining? they'll never agree to putting a rock in orbit; if they fucked up it could be catastrophic. there's just not much to do out there with limited resources.AI is where the juice is. humanity should crack that first. space can come later.
