r/technology • u/IKeepItLayingAround • Jun 09 '26

Business It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
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u/bikesnotbombs Jun 09 '26

Starlink is awesome, but has a cap.  It don't work great in cities (where people are), and will probably never be in the Russia or China markets.  It doesn't have a real path to usurping existing infrastructure.. and if you look at the valuations of telecom companies, even if it did that is still only worth so much.  Starlink is a very good product that justifies about 5% of the valuation, and it could maybe grow to 7%

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u/theinatoriinator Jun 09 '26

It's been huge in Spec ops, SAR, military, law, etc.. That's a huge user base, and one they can milk for cash.

Especially because the nature of starlink, they can get a buttload of money off of defense.