Well, here's some math. Starlink is a profitable business with about $11 billion of sales and $3 billion of free cash flow. It might be worth $75 billion at a frisky multiple of 25X free cash flow.
The balance----the space launch business and the AI/data centers in space fantasy----has $7 billion of sales and NEGATIVE -$17 billion of free cash flow. So why is it worth anything, unless you are pricing a dream peddled by sell-side hucksters?!
In short, after trading up to $2 trillion based on $75 billion of tangible Starlink value, where's the remaining $1.925 trillion of it?
This isn't just the classical mania of the crowds. This is sui generis--- mass insanity in a casino that has been giving a lobotomy by three decades of money-printing madness at the Fed and its fellow-traveling central banks around the planet.
@jimstewartson You don't have to invoke fascism to incarcerate 1) a literal con artist guilty of trillion-dollar fraud 2) a failed government official whose every action violated the law and regulations 3) most likely a foreign spy working for China
@Pravonapadenie "Shareholder value" is the true mind virus that is killing the planet, liberalism, democracy, and the free market idea as we speak. Neither Adam Smith nor Milton Friedman envisioned this casino economy
@WeaponScientist If anything, I also consider orbital data centers just another sick sales pitch by desperate AI con men. This whole Anthropic-and-pals thing is worse than Scientology
@JulianSayarer How many times do you need to be pummelled to dust, run over and humiliated in order to stop brawling and inventing imaginary victories? There is absolutely nothing you can do to Israel militarily and all your Arab brothers and sisters who had tried it were reduced to fodder
@Tihiipiket А в чем тогда заключается суть его бытия мужем? Почему это просто не лучший друг? Ладно трахаться с кем попало (никогда к этому не ревновал), но ты же прямо пишешь что других мужчин ты любишь как мужчин, а его как подружку, которая провожает на свидания (без негатива)
@LucBernard Unironically, Israel is also trying to stop the war in Gaza by killing Hamas. Unfortunately, Hamas has proved to be incredibly resilient :(
@NDRepublicans Anyone who thinks that Russians are trad could try dating a Russian (or Ukrainian) woman and tell her about her traditional cooking and cleaning role, and that she must worship her man. Don't forget to report the result
@jakeformers@CameronCorduroy Cleansing your country from illegals is a perfectly legal activity by definition. Being an illegal immigrant is illegal and is not a protected activity under the same definition. If the Nazis had been just securing the borders, they wouldn’t have become the bad guys at all
@jakeformers@CameronCorduroy The Nazis didn't detain people who came to their country illegally; quite the contrary, they illegally invaded foreign countries, and before that they persecuted their own law-abiding citizens