alt Hacker NewsValuations are always more of an art than a science but in what world is SpaceX worth more than Meta today? Maybe the $1.75T is to find that world.
Replies
paxys • today at 12:33 AM
In the same world where Tesla is worth more than every other automaker in the world combined.
bpodgursky • yesterday at 10:24 PM
I mean... in what world is it worth less?
Meta has increasingly ephemeral digital mindshare and no AI play. SpaceX has a near monopoly on access to the rest of the galaxy.
➕ show 1 reply
The valuation only makes sense if you price in Starlink becoming a top 3 telecom and Starship opening up entirely new markets. Possible, sure, but the launch business alone doesn't get you anywhere near 1.75T. They're betting the multiple on revenue lines that don't fully exist yet.