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foobiekr • today at 3:32 PM • 1 reply • view on HN

Rocketry revenue is so small that it can’t sustain even a tiny fraction of their valuation which is entirely ridiculous.


Replies

elictronic • today at 3:52 PM

Biggest issue Tesla, SpaceX, Anthropic and all these companies have is you can't inflate your value beyond the total market. It's the same thing as bitcoin pushers trying to imply the value would 100x again pushing beyond the total valuation of the Earth.

These companies have the benefit of a real product at least, but eventually the rubes get fleeced.

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