alt Hacker NewsSpaceX has accomplished spectacular things in reusable launch vehicles and space-based networking. It will soon restore the heavy launch capability that the US lost when it retired the Saturn V in the 1970s, but in an affordable and sustainable manner. SpaceX is almost single-handedly keeping the US ahead in space.
I'm bullish on SpaceX as a company in terms of technical accomplishment.
Buying SPCX would make sense at about 1/4 of its IPO price. The IPO price and subsequent rise was inflated via hype and artificial supply restriction, i.e. publicly selling just 4% of the total company ownership.
Replies
Yes but... All the "value" in SpaceX is in AI. Actual space launches are a tiny part of the portfolio. Talking about launch capability is almost off topic when taking about SpaceX valuation.
> It will soon restore the heavy launch capability
Maybe!
>but in an affordable
Maaybe!
>and sustainable
Maaaaaaybe. Gotta start gigantic scale methane production from solar or whatever first.
We sometimes get in the habit of thinking Elon, who is a Nazi, accomplishes everything he sets out to do, since he was so incredibly effective at getting EVs going and getting the Falcon 9 going. But he has plenty of misses too, like ruining the foundations of democracy, being over 12 years late and counting with self driving cars, hyperloop, the cybertruck, etc.
>but in an affordable and sustainable manner
Affordable is a bit questionable. It's heavily subsidized by Starlink and government.
Not completely clear what happens to price if SpaceX doesn't keep launch demand propped up with their own business.