logoalt Hacker News

riffrafftoday at 4:16 AM1 replyview on HN

You do realize SpaceX valuation is completely detached from the space business at this point?

Their S1 cites (by memory) a 370B addressable market for space stuff and a 27 trillion for AI.

And for AI they counted all Twitter accounts as grok users.

The Spaces eXploration company was a cool company, but it's not what's being sold to the market now.


Replies

elictronictoday at 6:33 AM

Closer to 1.7 trillion for space. You’re quoting launch but discounting satellites and broadband.

The AI stuff is dumb and just subsidize Elons prior dumber investments.