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▲ bjacobel 3 hours ago

SpaceX claimed a TAM of $28.5 trillion in their S1, a number picked from a hat larger than the 2023 US GDP. Companies can and do lie in their S1 and there are rarely if ever any consequences for doing so.

▲aveao 2 hours ago | parent | next [-]

Do you have any other examples than that?

Personally, I do expect SpaceX to face consequences in the years to come.

▲nicce 35 minutes ago | parent | next [-]

> Personally, I do expect SpaceX to face consequences in the years to come.

Probably only and only when AOC or someone else from Bernie's camp gets to be president. Otherwise, unlikely.

▲lbrito 40 minutes ago | parent | prev | next [-]

>I do expect SpaceX to face consequences in the years to come.

Why?

▲TheArcane an hour ago | parent | prev [-]

Oligarchs don't face consequences in an oligarchy silly

▲vconnor 42 minutes ago | parent | next [-]

GP apparently expects the US to return to normality, without ever facing any consequence for these last few years of idiocy and blatant corruption. "Whoopsie, sorry everybody"

▲ribosometronome 13 minutes ago | parent [-]

There's not much recent history of particular consequence facing for this sort of thing in the United States, financially or politically. It's not like we locked up bankers after the housing bubble collapsed or punished people for lying us into Middle Eastern wars.

▲ActorNightly 27 minutes ago | parent | prev [-]

Has nothing to do with oligarchy, has more to do with that SpaceX is providing valuable services, the disruption of which can be worse than punishing those in charge.

▲walthamstow an hour ago | parent | prev | next [-]

I think it's bollocks too but I don't think a forecast can be truth or a lie

▲gist 11 minutes ago | parent | prev | next [-]

Saying a market is X is not lying. Saying you have X revenue is lying. Saying you have a contract with XYZ company is lying.

Under the idea that 'you can make numbers say anything you want' you could very easily justify almost any number as a potential market as long as you include the conditions or stated it in a way to be circumspect.

> a hat larger than the 2023 US GDP

Would be more accurate to mention the entire world GDP to support that argument. Then the issue is raised as far as what time period they are referring to. Current year? Future years?

▲randallsquared 3 hours ago | parent | prev | next [-]

Consider that many do not believe they were lying.

▲ 2 hours ago | parent [-]
[deleted]
▲guywithahat 2 hours ago | parent | prev [-]

It wasn't pulled out of a hat, it was the total addressable market for a space, internet, and AI company, excluding markets like Russia and China. All TAM refers to is the total market size, not their market share.

For context SpaceX's TAM is lower than Anthropic's expected TAM