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▲ origini 2 days ago

I talked clear numbers, you don't even try to argue.

I actually calculated and researched these numbers and while it seems that you are dismissive because of your ideological position? i saw and read Elon Musks claim about AI Datacenters in Space and him writing about a dyson sphere and calling it bullshit.

You are not evaluated as the 7/8th most valuable companie on the planet just because you build rockets and send up a little bit of payload. Thats why their P/E is 3 digits.

▲DoesntMatter22 13 hours ago | parent [-]

They take up 95 plus percent of the world’s payload. “A little bit of payload” is a completely ridiculous statement

▲origini an hour ago | parent [-]

Its not if the absolut number of worlds payload is not that much and unironically Space-X made it A LOT cheaper. So they took the market, reduced the size of the market.

Over a 100 launches a year, most of them for starlink doesn't sell you the valuation the company currently has. And they have to keep sending up starlink satelites just for renewale of the existing ones. This blocks Space-X of having good margins on it. A normal telecom provider builds a fiber underground and a tower and that stuff just stays there for ages.

And yes you know what happened when people realized this is a thing? Yeah more companies are going into the market. Check out how many will aunch their first rockets in 2027.