Alevir7

Neither a good, nor a bad person. Not a serious person

[Alevir7 @Alevir7_]

@masking_dd And what is the demand for Space? Government contracts. Soqce internet is limited and not that profitable.

So yeah, market is overvalued due to AI, but SpaceX is clearly more overvalued. Other giga caps are at least more profitable this year compared to last one, for example

[Alevir7 @Alevir7_]

@masking_dd SpaceX might become profitable, but the AI section appears to be drag. And if it turns out SpaceX end up renting out compute, your revenue will be limited. Didn't SpaceX lose more in 6 months than it did last year? I doubr it was due to Space stuff........

[Alevir7 @Alevir7_]

@masking_dd That doesn't mean it justifies 2 trillion valuation, that was 90% based on AI.............

As I said, privately SpaceX was valued at 200 billion, which seems fair.

Just look at RocketLab, the closest to competition you have

[Alevir7 @Alevir7_]

@masking_dd Just checked HIMs and is 7 billion with 800 million in revenue.

Woah, that's almost liek how SpaceX was valued by the private investors. Much more reasonable

[Alevir7 @Alevir7_]

@masking_dd And what were their IPOs valued at? More fairly

[Alevir7 @Alevir7_]

@masking_dd And what's the demadn for capturing rockets with chopsticks. According to Spacex the market for space based solutins is only 370 billion 🫣

[Alevir7 @Alevir7_]

@masking_dd And such prices are not justified. It's literally priced to perfection.

And they actually have P/E.

And don't say Amazon, as it didn't have such insane valuation.

If you can make money from options, good. But at this point buy and hold is dumb.

[Alevir7 @Alevir7_]

@masking_dd Bro, you can't give me growth stocks and say it's good, even though each of this companies had a smalller cap when they had only 20 billion in revenue 😭😭😭

[Alevir7 @Alevir7_]

@masking_dd Currently it has 20 billion revenue. 2 trillion is 100x that. Show me any other giga cap with such valuation!

[Alevir7 @Alevir7_]

@masking_dd It's more unjustified. Compare revenue and net earnings to any of the other companies. Also which of TSMC, Broadcom, SK Hynix, Eli Lilly is currently unprofitable?

[Alevir7 @Alevir7_]

@masking_dd MSFT at 3 trillion is way better priced. It's actually quite profitable. Just look at the fundamentals.

Compare revenue and net earnings between SpaceX and Microsoft, both worth 3 trillion

[Alevir7 @Alevir7_]

@masking_dd Yeah, because a Space company worth 200 billion, and an AI that's underutilised and has to rent out compute to its competitors screams 2 trillion

[Alevir7 @Alevir7_]

@masking_dd So why do you value what SpaceX might do? It's behind schedule with Starship and Space Internet is jsut not that profitable to jsutify 2 trillion valuation

[Alevir7 @Alevir7_]

@masking_dd Well, companies selling debt and issuing shares despite being profitable means either that a massive breakthrough is here or there are diminishing returns.

Dotcom bubble also got us cool stuff, but fiancially it wasn't the wisest to overspend on internet infrastructure

[Alevir7 @Alevir7_]

@masking_dd But the valuation is a scam. It's like 80% based on enterprises using GrokAI. And GrokAI is so good, SpaceX is renting out compute......

Maybe 500 billion valuation or something like that would have been more fair.

[Alevir7 @Alevir7_]

@masking_dd Woah, you never know, in 50 AGI might be real, so let's value anthropic at 10 trillion.

Of course it matters, if it can't grow revenue fast enough and is unprofitable,, would it stay that high?

[Alevir7 @Alevir7_]

@masking_dd Biggest mistake is that they should have floated only 1% and make the IPO to be 10 trillion. Imagine how pwerful would SpaceX be with 20 trillion market cap (only 200 billion would be tradeable at the start)

[Alevir7 @Alevir7_]

@masking_dd Cool, and Anthopic could create AGI, so let's value it at 10 trillion.

SpaceX is not that profitable and is already behind schedule for some of its programs.