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casey2today at 7:27 PM2 repliesview on HN

SpaceX insiders have so many shares, once they can they are going to dump hard, get ready for another -$1T. Morningstar says $780 billion.

Clown show:

Raymond James - $800

Morgan Stanley - $300

Deutsche Bank - $255

JPMorgan - $225

Goldman Sachs - $205

Citi - $200


Replies

hx8today at 7:40 PM

$200b seems very low for a company with this level of capital investment. They did 167 launches last year. It's one of the few industries where US is outproducing China. We have both more launches and heavier launches.

Put another way, the US spent $250b~ (inflation adjusted) dollars on the shuttle program, and we get much more output from SpaceX than we did for Shuttle.

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bakiestoday at 7:59 PM

How do they come up with these numbers?

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