alt Hacker NewsAll the concrete stuff you describe is plenty justification for a really high valuation. Maybe a couple hundred billion, even. To justify a couple trillion, you have to really believe in orbital data centers, which just don’t make much sense. If NIMBY is the issue, it’s literally a thousand times cheaper to bribe the government of some poor country and put your stuff there than it is to put it in fricken space.
We will see, but I don't buy it. We can't build housing in a housing crisis, or build high speed rail anywhere it seems, things aren't going to get built under the current paradigm at the same rate. We will see, but I bet this is what we see.