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muadddibtoday at 7:00 AM2 repliesview on HN

So is spacex growing like Amazon was? There is no evidence of growth. And no, Google renting them infra grom then is not growth. If it waa, AllBirds is the next unicorn


Replies

JumpCrisscrosstoday at 9:19 AM

> There is no evidence of growth

There is plenty of evidence of growth. The problem is SpaceX as it is is a conglomerate recently cobbled together, and so estimating what it is and what it's going to do is challenging.

asadotzlertoday at 6:40 PM

SpaceX isn't what it once was, but its Starlink division has grown from 50k users to 12 million in 5 just years.

We don't have good public numbers, but that should be over $13B in revenue and about $2B of income over the last 12 months. Given the growth trend of that 5 years, that approx. $2B of income is likely to double by the end of this year.

Add to that the space launch business around Falcon 9, which had 40+ commercial launches that generated about $4B revenue and something close to $3B of income, and SpaceX was looking strong.

Again, SpaceX isn't what it was 6 months ago, before all the xAI fuckery, but the core business, Starlink and space launch, are doing well by themselves.