Elon Musk says SpaceX has no want for extra capital and can be shopping for again shares.
This should imply that the over 3 million Starlink prospects that they’ve now and certain 5 million by the top of the 12 months make SpaceX constantly worthwhile.
SpaceX is including about 1500 Starlink gen 2 mini satellites for the remainder of this 12 months on prime of the 6000 Starlink satellites in orbit now.
SpaceX ought to have the Tremendous Heavy Starship working and touchdown early subsequent 12 months. It will allow SpaceX to extend the variety of measurement of Starlink satellites launched to orbit by maybe 10-20 instances subsequent 12 months. SpaceX has a Starlink dish manufacturing unit which can enhance the speed of dish deployment. SpaceX might have over 30 million Starlink prospects in 2025 and maybe over a 100 millon in 2026. SpaceX might be making $100-200 billion in income in 2026. This might be 80%+ revenue. $80 billion in revenue with over 100% progress charges might see SpaceX be probably the most precious firm at over $8 trillion of valuation.
$80 billion of annual revenue with a 100 PE a number of is $8 trillion.
$160 billion of annual revenue with a 50 PE a number of can be $8 trillion.
SpaceX has no want for extra capital and can really be shopping for again shares.
We do liquidity rounds for workers and buyers each ~6 months.
— Elon Musk (@elonmusk) May 23, 2024
Brian Wang is a Futurist Thought Chief and a preferred Science blogger with 1 million readers per thirty days. His weblog Nextbigfuture.com is ranked #1 Science Information Weblog. It covers many disruptive know-how and traits together with House, Robotics, Synthetic Intelligence, Medication, Anti-aging Biotechnology, and Nanotechnology.
Recognized for figuring out leading edge applied sciences, he’s presently a Co-Founding father of a startup and fundraiser for prime potential early-stage corporations. He’s the Head of Analysis for Allocations for deep know-how investments and an Angel Investor at House Angels.
A frequent speaker at firms, he has been a TEDx speaker, a Singularity College speaker and visitor at quite a few interviews for radio and podcasts. He’s open to public talking and advising engagements.
