How the fuck is this real?https://www.sec.gov/Archives/edgar/data/1181412/000162828026036936/spaceexplorationtechnologi.htmPage 172 of their SEC filingsIf you don't know what TAM means, it's "Total Addressable Market" or the entire available market that they are claiming exists for their products. SpaceX is claiming that their TAM is 28.5 trillion.Yes, 28.5 TRILLION. The entire US GDP right now is 31.82 TRILLION. SpaceX is claiming in their IPO that their brand has a market nearly as large as the entire US economy. Not only are they claiming their "space enabled solutions" market has a reach of 370 billion. The entire market right now for launching rockets into space is around around 15 billion, with growth estimates going up to 40 billion by 2030 which honestly is delusional too. But spaceX is claiming that their space launch services alone has a potential market of 370 billion...you could put that aside though and think this is a Tesla situation where the valuation of the company is larger than almost all the rest of the auto industry globally combined and hand wave it away. Then you look at the rest of this delusion.Starlink valued at over 1.6 TRILLION DOLLARS. Fucking STARLINK. How? Where is the 1.6 trillion market for STARLINK? This is a bigger value than like every single ISP globally COMBINED. They are claiming that everyone alive on Earth will be using Starlink as an ISP or some shit? Almost no one alive has use for starlink unless you literally have no choice as there's no service where you live or something like that. I could go on but there's not enough space to write a bunch of other bullshit here, suffice to say this is absolutely bonkers level of insanity that this is the kind of shit they put in an SEC filing for their IPO. We don't live in reality anymore.
>>536945473It’s not. These assholes have destroyed the stock market.T. Someone that makes a living trading stocks
>>536945473It’s not. It’s a pump and dump scheme.
>>536945473>Starlink valued at over 1.6 TRILLION DOLLARSit's $2.2 trillion now. nobody fucking cares or shorts anymore. the vibes are comfy and people are investing for 20-30 years down the road.
elon musk's companies are the new crypto. it's gonna crash eventually, it's just dangerous to time it one way or the other. i'm not touching that shit (or anthropic or openai)
>>536945473So how many shares should I buy?
>>536945473SpaceX is part of the MIC. Jewish monopoly money is not an economy
>>536945699buy high sell low friend, surely nothing will go wrong
>>536945566starlink only has 10.3M subscribers globally according to spaceX itselfYou honestly believe the future is almost everyone on Earth using this shit? Why would I ditch my fiber for a wireless satellite connection?
>>536945659its not going to crash. they will take every last penny from working class people to prevent a crash.
>>536945996honestly, I feel the same way though. These companies are completely driven on hype and over-promising and underdelivering but there's so much money tied up in tesla and spacex that it's "too big to fail" at this point, and none of the rich bagholders are willing to lose their bags. Doesn't even have to be in reality, it can be valued at whatever they want it to be.
>>536945566>vibes are comfy and people are investing for 20-30 years down the roadyour stupid ass is going to get rug pulled in less than 2 weeks.
>>536945473>not realising the stock market is a jewish scam ngmi
>>536945973>my fibermost people don't have fiber so starlink is the best option.
>>536945473Being discussed itt >>536921113see (analytical interview) >>536929806and (reaction to today's IPO) >>536935332
