Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

SpaceX files to go public

nytimes.com

Post reply on HN
Print view View original

491–500 of 631 posts

Re: SpaceX files to go public

#491

Post by fch42 »

KeplerBoy wrote: post #437
baby_souffle wrote: post #230

Earlier quoted context omitted.

If anything they'll go for the lucrative customers that _need_ a signal to go faster through vacuum than through glass. Maybe some decent revenue offering sat to cell for the traditional carriers.

There is no workload that latency sensitive is there? If it is you just move the server where it's needed. I.e. you do HFT next to the stock exchange.

Definitely not a usecase for Starlink.

For the microseconds-chasers, there's microwave relay links, say between Chicago and New York (ref e.g. https://bullseye.ac/blog/economics/inside-the-world-of-high-...). Sending a signal up a few hundred km and down again a few hundred km adds way too much latency, and signal-hopping between fast-moving satellites adds way too much jitter for "such applications".

Re: SpaceX files to go public

#493

Post by andreime »

themafia wrote: post #299
indoordin0saur wrote: post #113

SpaceX has reduced the cost of getting a ton of mass into orbit by a factor of 10 and with their new system (Starship) it's poised further reduce that to 100x. They launch, land and re-use their rockets so often now that what was considered impossible 15 years ago is now routine. They currently put more things into space than the rest of the world combined and by a huge margin. They also have the most advanced intern…

The difference between an Arianne and SpaceX launch is 10%, not 10x.

muskians will never use real math

Re: SpaceX files to go public

#494

Post by fidelramos »

themafia wrote: post #299
indoordin0saur wrote: post #113

SpaceX has reduced the cost of getting a ton of mass into orbit by a factor of 10 and with their new system (Starship) it's poised further reduce that to 100x. They launch, land and re-use their rockets so often now that what was considered impossible 15 years ago is now routine. They currently put more things into space than the rest of the world combined and by a huge margin. They also have the most advanced intern…

The difference between an Arianne and SpaceX launch is 10%, not 10x.

Is that accounting for SpaceX stages being reusable? Honest question.

Re: SpaceX files to go public

#495

Post by eekjj »

JumpCrisscross wrote: post #382
instagraham wrote: post #368

Earlier quoted context omitted.

Which financial models best describe reality in your opinion? I'd always wanted to view affairs from a different lens, though I often feel the people who think everything revolves around bond rates or inflation numbers can miss the social picture of why things happen.

> Which financial models best describe reality in your opinion? The most-powerful ones for individuals are the micreconomic mechanisms. Understanding how leverage, tranching and moving risk (and reward) across stakeholders and time, work, for instance. The necessary mechanisms and tradeoffs one must make, as well as the ones one should . If you're looking for a formal model, it's the balance sheet. But not the accoun…

That’s such an overly complicated answer. I’ve noticed people from a financial background often do this. Why? Does it make you feel special? Lmao.

It’s all basic stuff, often wrapped in jargon to throw people off.

If the fella wants to be properly informed, he needs a very strong understanding of fundamental microeconomic principles, along with macroeconomics. On top of that an understanding of financial accounting.

And… on top of that an understanding of corporate finance and valuation. Aswath Damodaran (look him Up on YouTube) is the go-to person for this.

Only then you will form a complete picture of what’s going on and make well informed statements about the future.

Re: SpaceX files to go public

#496

Post by MagicMoonlight »

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...

He's strapped them together because xAI is about to go bankrupt and has fuck all, so this way he can dump it on the bag holders.

Re: SpaceX files to go public

#497

Post by newguytony »

tristanj wrote: post #296
newguytony wrote: post #290

Earlier quoted context omitted.

In regions like Nigeria or the Philippines, Starlink costs over 100% of the average monthly income. The individual addressable rural market really is closer to 1% than 40%.

Starlink Mobile != Starlink You're talking about the wrong product. I am talking about Starlink mobile, their direct-to-cellphone mobile data offering, not Starlink internet...

Starlink Mobile actually reinforces my point. Most don't have phones capable of using it. And even at that, it’s a low-bandwidth designed for SMS and emergency data, not a primary ISP replacement. Of course, you can believe what it could be... Much like all of Elons products, they are always coming

Re: SpaceX files to go public

#499

Post by plqbfbv »

JumpCrisscross wrote: post #221
plqbfbv wrote: post #202

Earlier quoted context omitted.

> It’s almost always cheaper to individually target satellites than to try and blanket orbits. The problem is that even one satellite could start the Kessler syndrome due to how many are currently in orbit, and the numbers are expected to keep increasing rapidly - everyone wants their "sovereign" Starlink now that it has been shown to be feasible and performant.

> problem is that even one satellite could start the Kessler syndrome No, it can’t. Not in LEO. Militaries have searched for these one-shot solutions; there is no known orbital system for which it works. (In LEO.) The only fuck-you orbits are in GEO.

[dead]

Re: SpaceX files to go public

#500

Post by projektfu »

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

It's such common language in business that I didn't even realize I was writing so much jargon. I hope you inspired some people to look up the terms. It's really not that hard to understand.... Even CEOs can do it.
Post reply on HN