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paulkienitz

(1,565 posts)

4. SpaceX does have a profitable core in the launch business

Wed Jun 24, 2026, 11:43 PM

Jun 24

...and if you temporarily set aside the expenditures on developing Starship (which would be revolutionary if it works), the Falcon and Dragon and other established products make good money with plenty of margin, as nobody has yet found a way to compete with them on price.

But the AI bullshit is the vast majority of the claimed valuation, and what X AI has managed to build in that space is probably the lamest AI in the industry, especially in proportion to what was spent on it.

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What would be a fair price per share for SPCX? [View all] paulkienitz Jun 24 OP

Not sure there is one lapfog_1 Jun 24 #1

SpaceX does have a profitable core in the launch business paulkienitz Jun 24 #4

They only thing they have that makes money edhopper Jun 25 #7

as I just said, paulkienitz Jun 25 #12

"Datacenters in space is simply ridiculous" Bluetus Jun 25 #5

Datacenters in orbit are a lot MORE ridiculous that colonizing Mars. paulkienitz Jun 25 #6

Of one thing you can be certain Bluetus Jun 25 #10

I disagree that it's pointless. paulkienitz Jun 25 #13

Why? Bluetus Jun 25 #15

Me too -- I agree with you. paulkienitz Jun 25 #17

There are legitimate scientific cases for the moon. Bluetus Jun 26 #19

Realistically less than half of what it is right now fujiyamasan Jun 24 #2

About tree fiddy. flvegan Jun 24 #3

A buck three-eighty per share. MineralMan Jun 25 #8

Two penny nails, a bottle cap, an aggie and a crow feather.... haele Jun 25 #16

It is a pathological stock Johonny Jun 25 #9

About $40. Happy Hoosier Jun 25 #11

Yup, that's also the analysis I've seen LR3 Jun 25 #14

about $50 dollars Matthew28 Jun 25 #18