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SpaceX has to grow 60x in a decade to justify a $1.75 trillion valuation. It's an impossible bar | Fortune (fortune.com)
submitted 3 months ago by to c/technology@lemmy.world
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[–] 21 points 3 months ago (7 children)

All they have to do is to start putting ads on space and none of us will be able to do anything about it because we are a bunch of peasants.

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  • [–] 7 points 3 months ago* (5 children)

    Just so you know: the valuation of SpaceX has nothing to do with the space side of the company. If you look at their projected revenue, the rockets etc... are a footnote. but SpaceX acquired XAI, and literally all of this projected growth is SpaceX becoming the leading AI company in the next decade.

    (and i wish i was joking, but i see everybody here wondering how a space company could possible grow that much, or be expected to. And the answer obviously is it can't, and noone expects it to. But an AI company in this AI bubble, that people believe....)

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  • [–] 6 points 3 months ago (3 children)

    Remember, Musk also proposes a combination. That AI will, for whatever stupid ass reason, become predominantly space based and that they would be having hundreds of Starship launches a month....

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  • [–] 6 points 3 months ago (2 children)

    That's another Elon BS special. Dissapating heat in space is very difficult because you can only do it via radiation, which is weak.

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  • [–] 3 points 3 months ago

    Then there's the massive amounts of heavy metals that get deposited in the upper atmosphere when the satellite datacenters ultimately reenter and burn up. Good bye ozone layer.

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  • [–] 1 point 3 months ago

    Yeah, there's a lot of stupidity at the concept.

    If I recall, his rationalization was that a particular company was backordered on parts to build natural gas generators until 2030... So naturally it's so much easier to get to hundreds of starship launches a month and all the attendant solar and radiators and crap....

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