Their stated TAM is bonkers. A total of $28.5 trillion: $370B Space, $1.6T Connectivity, $26.5T in AI. With AI becoming more and more commoditized, the AI number is insane.

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LarsDu88 3 hours ago | parent | next [-]

With these kind of made up numbers, they might as well have simply used the fucking Kardeshev scale.

Just compute the energy output of the Sun and claim they'll build a Dyson sphere around it.

Can charge a nice hefty subscription fee for using the Sun, just like Netflix.

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kentm 3 hours ago | parent | next [-]

Kardashev Type II is mentioned three times in the doc.

> We believe the next paradigm shift for humanity is the creation of a resilient, perpetually expanding spacefaring civilization that drives continuous innovation across new frontiers, ultimately propelling us to Kardashev Type II status—a civilization that harnesses the full energy output of our Sun.

To be fair, he's not claiming here that SpaceX will accomplish this themselves, solo.

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fragmede 3 hours ago | parent | prev [-]

Shhh, that's SpaceX's real play. Put a giant sun shade between the Earth and the sun, and make everyone on Earth pay for sunlight. No pay? No crops. No food. Solves global warming.

	▲	dbalatero 42 minutes ago \| parent [-]
		Damn, another Simpsons already did that with Mr. Burns' sun blocker.

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seattle_spring 3 hours ago | parent | prev | next [-]

That number is grossly inflated for every S-1. It's about as close to meaningless as you could possibly get.

For example, I used to work for an insurance-related tech company. They claimed their TAM was $9T-- the value of the entire global insurance market.

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tonyhart7 4 hours ago | parent | prev [-]

well if they talking future when US gov print money at unbelievable rate then this is very plausible (especially if they can work on space mining)