• Folstar@lemmus.org
    link
    fedilink
    English
    arrow-up
    2
    ·
    18 hours ago

    What an interesting twist of logic. SpaceX is three companies in a trenchcoat and laughably overvalued. Even by their own hilariously optimistic IPO documentation, the rocketry company represented a very small portion of the overall value. So sure, pay for the rocketry part. Now let’s see how Starlink fares (literally) without a build-in government floated launch platform. It’s okay though, because xAI will be worth $22,000,000,000,000 any day now.