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WSHazel

(868 posts)

9. $60 to $70 billion tops

Reply to question everything (Original post)

Tue Jun 2, 2026, 08:10 PM

Yesterday

Last edited Wed Jun 3, 2026, 06:09 AM - Edit history (1)

Starlink is the entire value of the company. The space business should be done by the government, and the AI has significant negative value and the company would be worth more long term if it was just shut down. Twitter is worth maybe $5 billion, probably less.

The problem with Starlink is that as developing world countries continue to build out their cell infrastructure, Starlink becomes less valuable. The EU is building their own Starlink for military purposes.

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flamingdem pat_k fujiyamasan

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SpaceX valued at just $780 billion by Morningstar, less than half its IPO target [View all] question everything Yesterday OP

stupid piece of crap is only 'worth' a few 100 million. Everything else is HYPE. don't fall for it !! dave99 Yesterday #1

"only 'worth' a few 100 million" EX500rider Yesterday #4

revenue -- final line ? dave99 Yesterday #6

If Starlink income wasn't swamped by xAI losses it might be a decent investment. pat_k 22 hrs ago #13

Their revenue is less than their expenses. Shipwack 19 hrs ago #22

Trump said his shit "company" was worth at least $100 at it's IPO all those years Bengus81 12 hrs ago #31

Musk is counting on irrational exuberance among his cult followers to keep early demand high for the stock muriel_volestrangler Yesterday #2

Over the last year I have backed out of all my large-cap and index-tracking funds. paulkienitz 21 hrs ago #17

The forced Nasdaq buying sure looks like a scam flamingdem 19 hrs ago #20

Lots of competition in Space Exploration bucolic_frolic Yesterday #3

I doubt even that makes sense. Nt BootinUp Yesterday #5

Who could have known that there was a massive downside risk to being hyperpartisan and nationalist Prairie Gates Yesterday #7

I hate that the SpaceX piece of shit will probably be added to my XMAG ETF. pat_k Yesterday #8

$60 to $70 billion tops WSHazel Yesterday #9

And Elon Musk owns approx. 42% of Space X, so his net worth will increase by $750 billion and send him... OGBuzz 23 hrs ago #10

i think teh IPO will mark a market top moonshinegnomie 23 hrs ago #11

Wouldn't nvidia be the beneficiary of Space X success? flamingdem 19 hrs ago #21

The felon shoveling hundreds of millions of our tax dollars at the Mag 10 is propping things up. pat_k 17 hrs ago #26

it may be moonshinegnomie 12 hrs ago #32

This message was self-deleted by its author fujiyamasan 1 hr ago #37

Can SpaceX install data centers in space on Elon's timeline? eringer 22 hrs ago #12

There is no good business case for data centers in space. paulkienitz 21 hrs ago #16

Environmental Issues Must be Overcome eringer 20 hrs ago #18

There is no way you can make the math work paulkienitz 18 hrs ago #24

China has a better idea: sink them in the ocean. paulkienitz 2 hrs ago #35

Lots of technical reasons against it happening, too. Shipwack 19 hrs ago #23

Agree that the problems seem insurmountable eringer 16 hrs ago #28

How many times have Elon's timelines been met? LudwigPastorius 20 hrs ago #19

...like they're making "short work" of the Starship? paulkienitz 18 hrs ago #25

Well maybe if Muskrat should fix the issue of his rockets exploding.................. turbinetree 22 hrs ago #14

Musk's rockets don't explode, they experience unscheduled rapid disassembly pat_k 16 hrs ago #27

And taxpayers are paying for this exploding stuff............I wouldn't trust this device for moon exploration turbinetree 11 hrs ago #34

Morningstar is being wildly optimistic. paulkienitz 21 hrs ago #15

My 23 year old Mercedes is worth at least forty million dollars. twodogsbarking 13 hrs ago #29

and looks like barbtries 12 hrs ago #30

Our tax dollars at work. Emile 11 hrs ago #33

Once Space X goes public... The Grand Illuminist 2 hrs ago #36