alt Hacker NewsSure, and that's great, but this is an extremely small niche case right? No one is denying that there are some cases where Starlink is amazing, but niche products don't usually command a $1T value.
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tyre • today at 4:52 AM
If you read the SpaceX IPO docs, the vast majority of their self-stated addressable market is AI enterprise SaaS tools.
I’m not joking.
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steve_adams_86 • today at 3:49 AM
It’s a niche, yes, but there could be others like it. No idea about how the company should be valued. We pay them chump change for our services, but enough that with any scale it could be meaningful. And their reach is pretty incredible, so, there is a lot of potential there.
Starlink is wonderful for many reasons.
It allows technical folk to live wherever they’d like as long as they’re working remotely.
The mobile applications, particularly in the case of airline aircraft, have also been compelling and worth a lot of money to SpaceX.
Starlink has also brought broadband Internet to a vast number of people that would not have had it otherwise. This will boost the worldwide economy by an enormous amount.