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pat_k

(14,090 posts)

27. Musk's rockets don't explode, they experience unscheduled rapid disassembly

Wed Jun 3, 2026, 04:12 AM

Yesterday

And the space crap isn't actually much of the business. The cash cow is starlink, which is facing a lot more competition.

Overall SpaceX operating loss $2.60 billion. Breakdown:

Connectivity (primarily Starlink)
Operating Income $𝟒.𝟒𝟐 billion

Space (Launches and Nasa)
Operating Loss $0.657 billion.

AI (xAI)
Operating Loss 6.36 billion

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

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

"only 'worth' a few 100 million" EX500rider Tuesday #4

revenue -- final line ? dave99 Tuesday #6

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

Their revenue is less than their expenses. Shipwack Yesterday #22

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

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

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

The forced Nasdaq buying sure looks like a scam flamingdem Yesterday #20

Lots of competition in Space Exploration bucolic_frolic Tuesday #3

I doubt even that makes sense. Nt BootinUp Tuesday #5

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

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

$60 to $70 billion tops WSHazel Tuesday #9

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

i think teh IPO will mark a market top moonshinegnomie Tuesday #11

Wouldn't nvidia be the beneficiary of Space X success? flamingdem Yesterday #21

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

it may be moonshinegnomie Yesterday #32

This message was self-deleted by its author fujiyamasan 19 hrs ago #37

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

There is no good business case for data centers in space. paulkienitz Tuesday #16

Environmental Issues Must be Overcome eringer Yesterday #18

There is no way you can make the math work paulkienitz Yesterday #24

China has a better idea: sink them in the ocean. paulkienitz 20 hrs ago #35

Lots of technical reasons against it happening, too. Shipwack Yesterday #23

Agree that the problems seem insurmountable eringer Yesterday #28

How many times have Elon's timelines been met? LudwigPastorius Yesterday #19

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

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

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

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

Morningstar is being wildly optimistic. paulkienitz Tuesday #15

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

and looks like barbtries Yesterday #30

Our tax dollars at work. Emile Yesterday #33

Once Space X goes public... The Grand Illuminist 20 hrs ago #36