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SpaceX files to go public

nytimes.com

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Re: SpaceX files to go public

#241

Post by jordanb »

ericd wrote: post #226
mlloyd wrote: post #211

Earlier quoted context omitted.

Agreed. They won by having the best product. And it wasn't even close.

Yep, I tried it when it had the original logo, was using Altavista until then, it was immediately obvious that they were going to win.

I was using Alta Vista and preferred it. It had fairly sophisticated search options that Google never got like stem and wildcard searching.

The problem was that yahoo killed it. They shut down its crawler and it started going stale.

Plus they didn't have as good a solution to index spam as Google's pagerank.

It was basically a story of product developing a lead, getting sold for a quick buck, then the acquirer shuts down innovation and tries to milk it, with bad timing because google was chomping at its heels.

Re: SpaceX files to go public

#242

Post by tristanj »

ensen wrote: post #232
tristanj wrote: post #225

I'm a SpaceX investor, and from reading the comments here, I think most people here are missing why SpaceX has an outrageously high valuation. SpaceX's valuation only makes sense if you buy into their mission of creating a civilization on Mars, and that the Space Exploration Technologies Corporation is the vehicle that creates this future. If SpaceX achieves this, it would be the most valuable company ever created. I…

is there an article or document covering the value proposition and realistic timeline of Mars colonization available to read somewhere ? i certainly think it's good for humanity to do it but as a casual observer i imagine it will cost a lot of money over the next ~20 years as opposed to making any.

I don't know one off the top of my head, I learned most of my information about space and SpaceX from youtube, mainly from Scott Manley and Noise In Space.

This video gives an overview https://www.youtube.com/watch?v=G3hPH_bc0Ww but it strongly underrepresents the role of robotics.

Re: SpaceX files to go public

#243

Post by vel0city »

tw04 wrote: post #224
disqard wrote: post #176

Earlier quoted context omitted.

But the Dow is over 50,000 right now!!!1 (actually, 46,565.74 right now)

$50,000. Gotta be accurate. Just saying 50,000 implies her incoherent rant was even a little bit based in reality. https://youtu.be/WK12_IkAj2s?t=94

But the DJIA isn't in dollars it's in points.

Re: SpaceX files to go public

#244

Post by tristanj »

daveguy wrote: post #234
tristanj wrote: post #225

I'm a SpaceX investor, and from reading the comments here, I think most people here are missing why SpaceX has an outrageously high valuation. SpaceX's valuation only makes sense if you buy into their mission of creating a civilization on Mars, and that the Space Exploration Technologies Corporation is the vehicle that creates this future. If SpaceX achieves this, it would be the most valuable company ever created. I…

Good to know. So if you're in the majority and figured out Musk is full of shit, don't invest.

Not a good metric imo. The majority of people have no interest in, and have no idea what's happening at SpaceX or in the space industry in general. Any predictions they have are based on vibes, not evidence.

I wouldn't follow the majority for advice. They're not aware of what's happening. Take Starlink V3 direct-to-cell as an example, I believe less than 5% of the general public even knows what this is (even after a massive marketing campaign), and even fewer understand how it works.

Re: SpaceX files to go public

#245

Post by JumpCrisscross »

scuff3d wrote: post #194
projektfu wrote: post #133

Earlier quoted context omitted.

$16B is the top line gross revenue number. You don't count R&D as an expense per GAAP, so... They have claimed $8B in EBITDA, also leaving out the amortization of R&D costs. Those aren't audited numbers, as far as I know.

No related to this conversation, but I just started reading some books on finance and I actually know what most of those terms mean now! Lol

Good for you! It’s fun when you realize it’s a constructed language that also tends towards precision. While accounting is not my favorite, financial models as a whole are incredibly powerful reasoning tools. On par, for me, with engineering or physics based first-principles reasoning.

Re: SpaceX files to go public

#246

Post by nojvek »

jrmg wrote: post #207

I wonder how many here are aware that SpaceX (not Musk) now owns X Corp. (nee Twitter), via its ownership of xAI. Smells like great fiduciary responsibility!

Let’s not forget the Republican govt + DOGE fired anyone with a spine at SEC.

So SpaceX will be listed and soon on the index. He learned how getting into S&P500 index was a rocket ship for Tesla. So he bent the rules for SpaceX.

So when the market crashes. It’s gonna be fast because of a couple of tech companies.

Let’s see if OpenAI has enough clout and billions to bribe SEC to bend rules for them.

Every year US becomes more of a Banana republic.

Re: SpaceX files to go public

#247

Post by kikki »

vel0city wrote: post #243
tw04 wrote: post #224

Earlier quoted context omitted.

$50,000. Gotta be accurate. Just saying 50,000 implies her incoherent rant was even a little bit based in reality. https://youtu.be/WK12_IkAj2s?t=94

But the DJIA isn't in dollars it's in points.

You're missing the reference (which the parent comment linked for you)

Re: SpaceX files to go public

#249

Post by asgh1287 »

In June? That is why Trump is talking about an Iran ceasefire. Replenish the weapons, flip some companies to the public, then start the war again. Bonus points for disrupting EU energy supplies for longer.

Donald Trump Jr., who already profited from groq, is invested via 1789 capital:

https://www.reuters.com/investigations/trump-linked-venture-...

Not to mention that the PayPal mafia is now playing ball with respect to Epstein (Tracey was on all-in downplaying the whole thing), so Musk himself will be in good graces again.

Re: SpaceX files to go public

#250

Post by TacticalCoder »

TheAlchemist wrote: post #46
jordanb wrote: post #15

You don't have to believe. If you have a 401k you will be an investor 15 days after launch. The IPO will go great, because the company will float a fairly small issuance. The big shareholders will not immediately sell. They will hold on and maybe even buy to support the price. Then, after 15 days, it will enter the indexes and everyone's 401k will start auto-buying this stock. You might say this is an obvious flaw in…

I really wish more people were aware of this. It's a major scandal and definitely not being talked enough about. Nevermind SpaceX, which at least have some importance for US defense industry, but xAI ? We will be investing in Elon's private venture, at the price that he himself set and which is at least 2 orders of magnitude too high...

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