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luke5441 | 9 days ago

SpaceX valuation is also going to be interesting. Talking about CapEx, SpaceX has deorbiting assets on top of depreciating ones. And without Starlink the space launch market size is pretty small.

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bgirard|9 days ago

> SpaceX has deorbiting assets on top of depreciating ones

The deorbiting part is redundant. Their satellite are just that, a depreciating asset. Their lifetime seem to be 5 to 7 years. The important claim is if the total cost, including the launch, can be recuperate over that lifetime or not.

testing22321|9 days ago

> And without Starlink the space launch market size is pretty small.

The EV market was mighty small when Tesla started too.

Skate to where the puck is going.

amluto|9 days ago

Sure, but Tesla is doing a surprisingly poor job of capturing the EV market lately.