alt Hacker News> Why is Space-X undervalued because they can catch a rocketship?
The market values SpaceX over multiple areas of the business and their future plans and it isn't just this event which they have proven to accomplish.
> You do understand that a company needs to have a business case equivilient to its valuation right?
Nope. That is not how this works nor how investors see it. It is about their total addressable market (TAM) which SpaceX can capture over everyone else. So here are some more further questions:
1) Who is paying SpaceX for the compute that they have?
2) How quick is SpaceX building their data centers to support their customers?
3) How many people use Starlink as their primary internet provider?
You understand that almost all of where SpaceX businesses can expand into those areas and grow into that valuation and higher?
> Our whole planet sends 1000-2000t of payload into space, most of it is now starlink.
Your point is?
So who else can catch and reuse a rocketship to frequently deploy satellites into space in a very short period of time? (Don't say Blue Origin.)
Replies
Don't you think the US government is very likely to put restrictions on what other countries can use SpaceX services for?
1) Anthropic because Elon Musk bought too much Compute and doesn't need it for his own AI proudct. In parallel Neoclouds are building up the same compute and its more like a negative sign that they got lucky
2) ? I don't understand what you mean. Are we now talking about Datacenters for others or the space thing?
3) probably below 8 million. 10 Million customer overall, plenty as an alternative or for camping etc.
Amazon Leo is an alternative. But for sure Space-X started a race to the bottom (china, blue origin and co) so they have to start moving and use their first mover advantage.
My point is, that Space-X is already responsible for the most amount of payload which gets send into space. We as a whole planet don't have that much payload and Space-X made it alot cheaper to send payload up.
So were is the 1 Trillion evaluation? Btw. its currently at 1.89T