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Comment by consumer451 | Hacker News Reader

I was only trying to talk about Starlink here, as that is what TFA is about. Starlink is AMAZING in-flight, out at sea, etc.. But since you brought it up:

> Separately, from SpaceX's own prospectus, Starlink is only a tiny fraction of the overall conglomerate that went public recently. It "only" needs to support double digit billions of valuation to pull its weight inside of the company.

So, where does the rest of the valuation come from?

It feels like it comes from the alien simulation-theory overlords.

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According to SpaceX itself 93% of the company's value is in AI IIRC.

God I hope not. That’s terrifying.

99% of the value is goodwill towards musk

> where does the rest of the valuation come from?

AI data centers in space, of course!

SpaceX is by far the most cost effective way in this world to send things into space.

That is very valuable.

Not according to their prospectus (which was what was asked about), where it accounted for slightly under 2% of SpaceX's market.

No its not.

The payload we send to space is very limited and the 300% increase in the few last years was ONLY starlink itself.

Thats the issue Musk has to sell it to the investors and his idea is datacenter payload.

Just that he would need to send 300 Starships up there to even install a smallish datacenter like his own colossus 1.

Starship is not done yet, we have not seen it fly up there and return for 300 times at all.

"No it's not" replies and silent downvotes instead of arguments didn't use to be how HN worked.

Sad to see this place becoming a normal web forum.

I mean, it was a response to a claim, without evidence, that it was valuable.

Is your position that _you_ can make assertions without evidence but that lesser mortals may not contradict you without writing a paper on the subject?

I’m convinced that a large part of the user base of this site is genuinely, literally, solipsistic.

My position is more that it's OK to mention a well known and easily verifiable fact without digging out authoritative sources.

… No, I mean, on the face of it it’s a surprising claim. Why do you think it is valuable? What is the market?

The simple answer is that SpaceX is worth about 1900 billion dollars at today's stock price. It's the 7th most valuable company on Earth.

According to an AI I asked, about 50% of that value is Starlink, with space launches and AI making up about 25% each.

The Starlink business depends on their cheap space launch tech, so using these rough numbers capability I'd say it is worth 75% of the company, or $1400B.

Er, don’t believe everything the magic robots tell you. Like, seriously, why on earth could you believe an LLM on this? Have we completely lost all power of critical thinking?

The exact percentages is not the point. SpaceX is worth $1832B¹, and those are the three main revenue streams. However you slice it, their rocket launch business is extremely valuable.

¹ https://finance.yahoo.com/quote/SPCX/

I don't downvote.

And i brought an argument. You said it makes space-x very valuable and i explain that the amount of payload we even send up is very limited which contracditcs 'very valuable'.

I then explain further what Elon Musks plan is to sell us his trillion dollar company or how you frame it 'very valuable' and explain why it doesn't work

Objectively, SpaceX is worth 1.83 trillion dollars right now: https://finance.yahoo.com/quote/SPCX/

I think that qualifies as "very valuable" in any context.

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