sanitation@lemmy.today to Technology@lemmy.worldEnglish · 1 day agoSpaceX has to grow 60x in a decade to justify a $1.75 trillion valuation. It's an impossible bar | Fortunefortune.comexternal-linkmessage-square129linkfedilinkarrow-up1740arrow-down18
arrow-up1732arrow-down1external-linkSpaceX has to grow 60x in a decade to justify a $1.75 trillion valuation. It's an impossible bar | Fortunefortune.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 1 day agomessage-square129linkfedilink
minus-squaremojofrododojo@lemmy.worldlinkfedilinkEnglisharrow-up1·18 hours agoyeah, and they’ve made billions off of it. at this rate, it’ll only take a century or two to scratch the dent on the enormous costs!
minus-squareAniki@feddit.orglinkfedilinkEnglisharrow-up1·18 hours agohave you actually looked at the numbers of cost and revenue, or are you just talking out of your ass?
minus-squaremojofrododojo@lemmy.worldlinkfedilinkEnglisharrow-up2·16 hours agoreuters: SpaceX generated about $8 billion in profit on $15 billion to $16 billion of revenue last year https://www.reuters.com/business/finance/spacex-generated-about-8-billion-profit-last-year-ahead-ipo-sources-say-2026-01-30/ SpaceX’s annual capital expenditures quintupled in two years, hitting $20.7 billion in 2025, fueled by simultaneous Starship launch infrastructure and AI data center buildouts. https://finance.yahoo.com/sectors/technology/articles/eye-watering-sum-spacex-spent-124427519.html but that debt # includes stopgap loans before the IPO https://money.usnews.com/investing/news/articles/2026-04-23/exclusive-spacex-refinanced-debt-with-stopgap-20-billion-loan-before-ipo-filing costs will only go up from here, so by all means, give musko some of your money. what could go wrong?
yeah, and they’ve made billions off of it.
at this rate, it’ll only take a century or two to scratch the dent on the enormous costs!
have you actually looked at the numbers of cost and revenue, or are you just talking out of your ass?
reuters: SpaceX generated about $8 billion in profit on $15 billion to $16 billion of revenue last year
https://www.reuters.com/business/finance/spacex-generated-about-8-billion-profit-last-year-ahead-ipo-sources-say-2026-01-30/
SpaceX’s annual capital expenditures quintupled in two years, hitting $20.7 billion in 2025, fueled by simultaneous Starship launch infrastructure and AI data center buildouts.
https://finance.yahoo.com/sectors/technology/articles/eye-watering-sum-spacex-spent-124427519.html
but that debt # includes stopgap loans before the IPO
https://money.usnews.com/investing/news/articles/2026-04-23/exclusive-spacex-refinanced-debt-with-stopgap-20-billion-loan-before-ipo-filing
costs will only go up from here, so by all means, give musko some of your money. what could go wrong?