David Friedberg: Starlink alone could be a trillion-dollar company
"Starlink alone could be generating on the order of $40 billion of revenue top line, with a huge amount of that flowing to free cash. That could be $30 billion in free cash flow within the year."
"That alone provides the cash flow to fund much of what Elon is doing. And if you just put a 30x multiple on that, which I think you can, because these subscription businesses have very high renewal rates and very low customer acquisition costs (CAC)."
"The Starlink business alone could be a trillion-dollar market cap within 18 months. That alone funds all the rest of this."
"You can see it in AT&T, Verizon, HughesNet, and Viasat... That market got decimated by Starlink."
"If he launches the handset thing, that subscriber growth is going to go. Right now, he's adding 2 million subscribers on the consumer side per quarter. You could see that going to 4 to 5 million a quarter. You could actually see an acceleration. There are 400 million mobile subs just in the U.S."
"And the rest of it is like, is Elon going to do well with the excess capital that's spinning out of Starlink? Well, I don't know who else I would give it to, considering what he's doing with Starship, AI compute, and the Terafab."
@elonmusk@friedberg@theallinpod
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No you cannot support a state premised on ethnic cleansing and racial discrimination while meaningfully condemning racism.
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@jasonwhitlock Please give us the refs eyes view who could see the foul. From the camera view i see the violation. Clarks intent was ball, i saw no body or neck tug, nothing flagrant and im guessing ref was behind players.