Is this at all realistic at this point?
SpaceX becomes the second-ever unicorn company to reach a $100B valuation
11–20 of 73 posts
Re: SpaceX becomes the second-ever unicorn company to reach a $100B valuation
#12It's such a shame this company is not traded publicly. I would be willing to risk a couple of thousand of euros and bet on them being successful in the long run. A company like this has nearly infinite potential for growth.
Elon has said numerous times Starlink will be split off into a private company, just as soon as they get a handle on what it's revenues are going to look like long term.
Re: SpaceX becomes the second-ever unicorn company to reach a $100B valuation
#13It's such a shame this company is not traded publicly. I would be willing to risk a couple of thousand of euros and bet on them being successful in the long run. A company like this has nearly infinite potential for growth.
At a 100B valuation you'd be kinda late to the party.
Non-SaaS, non-tech platforms and non-biotech companies have a really hard marketcap ceiling.
SpaceX builds stuff in the real world, macrostuff with millions of moving parts, that's like black death for economic margins, they also aim to go into an environment such as space which is very hard and has slapped us time and time again.
There is no convetional ROI for us up there, there maybe is in the form of artificial economics such as the morale boost that the country gets when a rocket goes up.
But if that's the case the US could just push for having the Olympics every 2 years given that it sweeps the gold medals everytime.
A 200k usd on a public SpaceX is a bet on Musk being able to convince people other than yourself that SpaceX is in fact a tech-platform a SaaS or a biotech.
Re: SpaceX becomes the second-ever unicorn company to reach a $100B valuation
#14Don’t forget Basecamp. They have a $100B valuation. https://m.signalvnoise.com/press-release-basecamp-valuation-... EDIT: why the downvotes? Are people not getting this is a joke post by Basecamp.
In this case it is secondary sale between current investor and a new one.
Even from a fundamentalz perspective they are doing really well. They control more than 50% launch market, just won a 3 billion dollar NASA contract, have huge cost advantage over everyone else, their starlink service is in beta with 100,000 already generating in 120 million revenue. This is not even including any future potential of starship etc.
By any standards they are worth a good amount
Re: SpaceX becomes the second-ever unicorn company to reach a $100B valuation
#15It's such a shame this company is not traded publicly. I would be willing to risk a couple of thousand of euros and bet on them being successful in the long run. A company like this has nearly infinite potential for growth.
At a 100B valuation you'd be kinda late to the party. Non-SaaS, non-tech platforms and non-biotech companies have a really hard marketcap ceiling. SpaceX builds stuff in the real world, macrostuff with millions of moving parts, that's like black death for economic margins, they also aim to go into an environment such as space which is very hard and has slapped us time and time again. There is no convetional ROI for u…
I mean, technically they are every two years. Summer and winter.
Re: SpaceX becomes the second-ever unicorn company to reach a $100B valuation
#16It's such a shame this company is not traded publicly. I would be willing to risk a couple of thousand of euros and bet on them being successful in the long run. A company like this has nearly infinite potential for growth.
At a 100B valuation you'd be kinda late to the party. Non-SaaS, non-tech platforms and non-biotech companies have a really hard marketcap ceiling. SpaceX builds stuff in the real world, macrostuff with millions of moving parts, that's like black death for economic margins, they also aim to go into an environment such as space which is very hard and has slapped us time and time again. There is no convetional ROI for u…
No, you aren't.
Revenue is projected to be 3 billion this year, projected to be 10 billion by 2025. You also get Starlink with it, which is valued at 10 billion by itself.
At 10x revenue, it is valued similar to Facebook, Microsoft and Google.
Re: SpaceX becomes the second-ever unicorn company to reach a $100B valuation
#17Is this at all realistic at this point?
Boeing's market cap is $132 billion, so it's not obviously crazy. They're already the world's cheapest launch provider by a significant margin, and currently the only human-rated private launch company.
They've started launching the second-generation Starlink sats, which transfer data directly between each other by laser. If they get approval for the full network, they'll have total bandwidth about equal to the entire internet today.[1] It won't be competitive in cities but it'll be great in lower-density areas, exactly where cable/fiber are expensive. That alone is worth a lot of money.
If Starship with anything close to the turnaround they're claiming, they'll multiply the world's launch capacity by several orders of magnitude, drop launch costs by a couple orders of magnitude, and open up all sorts of applications in space that aren't affordable today.
There's risk of failure but altogether I'd say all that's worth as much as Boeing. If these things succeed, they'll be worth a lot more.
[1] https://www.nextbigfuture.com/2021/09/version-2-starlink-wit...
Re: SpaceX becomes the second-ever unicorn company to reach a $100B valuation
#18It's such a shame this company is not traded publicly. I would be willing to risk a couple of thousand of euros and bet on them being successful in the long run. A company like this has nearly infinite potential for growth.
At a 100B valuation you'd be kinda late to the party. Non-SaaS, non-tech platforms and non-biotech companies have a really hard marketcap ceiling. SpaceX builds stuff in the real world, macrostuff with millions of moving parts, that's like black death for economic margins, they also aim to go into an environment such as space which is very hard and has slapped us time and time again. There is no convetional ROI for u…
Aren't you convinced by Starlink? There's a subscription business that should have great margins. It fits right in with the new remote work paradigm. Literally working from anywhere including the middle of the ocean is possible but only with Starlink. Other companies cannot offer enough bandwidth.
Re: SpaceX becomes the second-ever unicorn company to reach a $100B valuation
#19Is this at all realistic at this point?
People are willing to pay $2.5 million for a vintage video game cartridge that isn't even unique.
People invest millions in small digital pictures of apes.
There are currently over $32 billion invested in a digital parody "currency".
There's some dude who built a mansion in Bel-Air that he wanted to sell for $500 million and is now listed at a "discount" for only $340 million.
We as a society (globally even) are way beyond "realistic" at this point when it comes to money and the valuation of things.
Re: SpaceX becomes the second-ever unicorn company to reach a $100B valuation
#20Is this at all realistic at this point?
Boeing's market cap is $132 billion, so it's not obviously crazy. They're already the world's cheapest launch provider by a significant margin, and currently the only human-rated private launch company. They've started launching the second-generation Starlink sats, which transfer data directly between each other by laser. If they get approval for the full network, they'll have total bandwidth about equal to the entir…
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