SpaceX Valuation Climbs to $180B

[paulus_magnus2]

We should ask ourselves why other launch providers have not done this? Why have we been told by BMW, Mercedes, Lexus "this is all there is", "people will only buy so many $100k cars per year". Then Tesla came an squeezed $1tn valuation into a niche we've been told does not exist. Or is impossible, unprofittable and we don't need that much innovation. Should we immediately fire all other CEOs?

In the end Musk hires the same people from the same planet, uses the same raw materials, banks and same customers.

[sschueller]

What value was created? Car sales have not exactly exploded. [1]

[1] https://www.iea.org/data-and-statistics/charts/global-car-sa...

[afiori]

I am not sure about the other companies, but Tesla has no plan to ever pay dividends to stock holders so (buyout aside) the only "rational" value for the stock is 0 independently of its valutation.

[siquick]

I know it’s because of profitability but it still blows my mind that Meta, which has pretty much single-handedly damaged the global psyche, is valued at almost 6x a company that launches rockets into space.

[matthewdgreen]

At this moment, the company that launches rockets into space is planning to gain the majority of its income by providing high-speed Internet access… so customers can access communications services like Meta.

[extraduder_ire]

Not just that, more rockets and mass to space than most spacefaring countries. With more every year.

[up2isomorphism]

It is not that mind blowing if we are talking about “evaluation” How many people care launching a satellite tomorrow more than chatting with a girl/man on Facebook? I think it is quite obvious.

[zenmaster10665]

Come on. Damaged global psyche? Seems a bit hyperbolic and unsupported by evidence.

The addressable market of rockets is considerably smaller than the addressable market selling ads... So there you go.

[Whoppertime]

I'm just waiting for the pun headlines about SpaceX Mooning after announcing a Lunar mission

[Log_out_]

Can somebody name the names behind SpaceX success story. Not Elon obviously. So who manages the whole endeavor?

[erkt]

Gwen Shotsell, Tom Mueller, Hans Koenigsmann to name a few. But someone still had to hire this crew.

[wilg]

Do people have to have an argument every single thread about whether SpaceX is successful "in spite of" Elon Musk?

[rasz]

The Gwyneth Paltrow lady at SpaceX.