Is Starlink’s revenue enough to justify SpaceX’s valuation?
Is Starlink’s revenue enough to justify SpaceX’s valuation?
Description
Starlink revenue faces challenges in justifying SpaceX valuation against traditional internet provider alternatives
Transcript
right now one makes the most money for SpaceX is the Starlink. And as an amazing business, however I don't think there's any internet provider that claims to be nearly anything like that. Like, most internet providers are here on earth and as you can imagine, you you are more likely to get greater service down here than from something up there. So as much as it's great to provide internet to rural communities, local areas in big cities, people would most likely still prefer service down here with the fibre optics and everything. So, when you start to look at it, it's the only other way they're gonna generate money is the long-term future things that would make them actually become. And we don't know that's gonna happen. So this this really just looks like, like you said, how fundraising works.

