Latest Breaking News

WSHazel

(868 posts)

9. $60 to $70 billion tops

Reply to question everything (Original post)

Tue Jun 2, 2026, 08:10 PM

18 hrs ago

Last edited Wed Jun 3, 2026, 06:09 AM - Edit history (1)

Starlink is the entire value of the company. The space business should be done by the government, and the AI has significant negative value and the company would be worth more long term if it was just shut down. Twitter is worth maybe $5 billion, probably less.

The problem with Starlink is that as developing world countries continue to build out their cell infrastructure, Starlink becomes less valuable. The EU is building their own Starlink for military purposes.

Edit history

Please sign in to view edit histories.

Recommendations

2 members have recommended this reply (displayed in chronological order):

flamingdem pat_k

34 replies

= new reply since forum marked as read

Highlight:

SpaceX valued at just $780 billion by Morningstar, less than half its IPO target [View all] question everything 20 hrs ago OP

stupid piece of crap is only 'worth' a few 100 million. Everything else is HYPE. don't fall for it !! dave99 20 hrs ago #1

"only 'worth' a few 100 million" EX500rider 20 hrs ago #4

revenue -- final line ? dave99 19 hrs ago #6

If Starlink income wasn't swamped by xAI losses it might be a decent investment. pat_k 15 hrs ago #13

Their revenue is less than their expenses. Shipwack 12 hrs ago #22

Trump said his shit "company" was worth at least $100 at it's IPO all those years Bengus81 6 hrs ago #31

Musk is counting on irrational exuberance among his cult followers to keep early demand high for the stock muriel_volestrangler 20 hrs ago #2

Over the last year I have backed out of all my large-cap and index-tracking funds. paulkienitz 14 hrs ago #17

The forced Nasdaq buying sure looks like a scam flamingdem 12 hrs ago #20

Lots of competition in Space Exploration bucolic_frolic 20 hrs ago #3

I doubt even that makes sense. Nt BootinUp 19 hrs ago #5

Who could have known that there was a massive downside risk to being hyperpartisan and nationalist Prairie Gates 19 hrs ago #7

I hate that the SpaceX piece of shit will probably be added to my XMAG ETF. pat_k 19 hrs ago #8

$60 to $70 billion tops WSHazel 18 hrs ago #9

And Elon Musk owns approx. 42% of Space X, so his net worth will increase by $750 billion and send him... OGBuzz 17 hrs ago #10

i think teh IPO will mark a market top moonshinegnomie 16 hrs ago #11

Wouldn't nvidia be the beneficiary of Space X success? flamingdem 12 hrs ago #21

The felon shoveling hundreds of millions of our tax dollars at the Mag 10 is propping things up. pat_k 10 hrs ago #26

it may be moonshinegnomie 5 hrs ago #32

Can SpaceX install data centers in space on Elon's timeline? eringer 15 hrs ago #12

There is no good business case for data centers in space. paulkienitz 14 hrs ago #16

Environmental Issues Must be Overcome eringer 13 hrs ago #18

There is no way you can make the math work paulkienitz 11 hrs ago #24

Lots of technical reasons against it happening, too. Shipwack 12 hrs ago #23

Agree that the problems seem insurmountable eringer 9 hrs ago #28

How many times have Elon's timelines been met? LudwigPastorius 13 hrs ago #19

...like they're making "short work" of the Starship? paulkienitz 11 hrs ago #25

Well maybe if Muskrat should fix the issue of his rockets exploding.................. turbinetree 15 hrs ago #14

Musk's rockets don't explode, they experience unscheduled rapid disassembly pat_k 10 hrs ago #27

And taxpayers are paying for this exploding stuff............I wouldn't trust this device for moon exploration turbinetree 4 hrs ago #34

Morningstar is being wildly optimistic. paulkienitz 14 hrs ago #15

My 23 year old Mercedes is worth at least forty million dollars. twodogsbarking 6 hrs ago #29

and looks like barbtries 6 hrs ago #30

Our tax dollars at work. Emile 5 hrs ago #33