sanitation@lemmy.today to Technology@lemmy.worldEnglish · 21 hours agoSpaceX has to grow 60x in a decade to justify a $1.75 trillion valuation. It's an impossible bar | Fortunefortune.comexternal-linkmessage-square128fedilinkarrow-up1709arrow-down18
arrow-up1701arrow-down1external-linkSpaceX has to grow 60x in a decade to justify a $1.75 trillion valuation. It's an impossible bar | Fortunefortune.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 21 hours agomessage-square128fedilink
minus-squaremojofrododojo@lemmy.worldlinkfedilinkEnglisharrow-up2·11 hours agoreuters: SpaceX generated about $8 billion in profit on $15 billion to $16 billion of revenue last year https://www.reuters.com/business/finance/spacex-generated-about-8-billion-profit-last-year-ahead-ipo-sources-say-2026-01-30/ SpaceX’s annual capital expenditures quintupled in two years, hitting $20.7 billion in 2025, fueled by simultaneous Starship launch infrastructure and AI data center buildouts. https://finance.yahoo.com/sectors/technology/articles/eye-watering-sum-spacex-spent-124427519.html but that debt # includes stopgap loans before the IPO https://money.usnews.com/investing/news/articles/2026-04-23/exclusive-spacex-refinanced-debt-with-stopgap-20-billion-loan-before-ipo-filing costs will only go up from here, so by all means, give musko some of your money. what could go wrong?
reuters: SpaceX generated about $8 billion in profit on $15 billion to $16 billion of revenue last year
https://www.reuters.com/business/finance/spacex-generated-about-8-billion-profit-last-year-ahead-ipo-sources-say-2026-01-30/
SpaceX’s annual capital expenditures quintupled in two years, hitting $20.7 billion in 2025, fueled by simultaneous Starship launch infrastructure and AI data center buildouts.
https://finance.yahoo.com/sectors/technology/articles/eye-watering-sum-spacex-spent-124427519.html
but that debt # includes stopgap loans before the IPO
https://money.usnews.com/investing/news/articles/2026-04-23/exclusive-spacex-refinanced-debt-with-stopgap-20-billion-loan-before-ipo-filing
costs will only go up from here, so by all means, give musko some of your money. what could go wrong?