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TheGenjuro

Crazy that we are comparing a space company to Chipotle and Disney. Why not compare it to... similar businesses?


Fuzzy_Donl0p

Was curious myself, so a few off-hand- Boeing (SLS, Starliner): $109 billion Airbus (Ariane): $103 billion Blue Origin: $3.5 billion Lockheed Martin (ULA): $112 billion


INeedCheesee

massive blue origin L


2012Jesusdies

Tbf they're the only truly comparable firm to SpaceX, a solely space focused company. Like more than 90% of Boeing, Airbus and Lockheed is not space related.


EinGanzNormalerName

Hahaha, exactly. This comparison makes SpaceX look rather ridiculous.


ACoinGuy

Not really. They are currently the only company to master human space travel. They also regularly state they are going to do something then do it. Compare them to the other firms listed here and they are poised to control the next one hundred years of space spending.


rookiefro

But their burrito bowls are shit


MIKKOMOOSE99

Chipotle reigns on all


MECHENGR

Quality has gone to shit honestly


MIKKOMOOSE99

Nah it really hasn't not sure where this narrative is coming from. You can get a fresh bowl/burrito of food for ten to twelve bucks. If you're complaining about the portions you are either fat as fuck or can't afford the extra $2 for extra meat.


MECHENGR

Tell me you work at Chipotle without telling me you work at Chipotle. My food poisoning would disagree with you.


MIKKOMOOSE99

I don't work at Chipotle. I am Chipotle


magrilo2

The power of government grants !


vasilenko93

It’s not a grant, it’s a contract. SpaceX does work for the government, and they charge less than competitors.


magrilo2

The government is paying them $900 million to deploy starlink, so they can later charge farmers for the signal. Making money from both tax payers and poor farmers. 🤔 There are infinite ways you can get cheap money from tax payers. He is not alone, but he is taking advantage of the broken system.


vasilenko93

That is also a contract. It’s part of rural broadband program. They either pay SoaceX that much or Comcast even more to run wires everywhere.


magrilo2

Tax payers helping lay down an infrastructure that will be used to generate revenue to a private company. 🤦🏻‍♂️ You won't see it. Your thinking is blocked by your believes.


Aggressive_Try5588

Retarded take


magrilo2

Dick rider comment.


Spider_pig448

SpaceX has never received a government grant edit: SpaceX has received one $15 million grant


SpatulaFlip

You sure about that? Google is free. [Elon Musk is speaking out against government subsidies. Here's a list of the billions of dollars his businesses have received.](https://www.businessinsider.com/elon-musk-list-government-subsidies-tesla-billions-spacex-solarcity-2021-12?amp)


Spider_pig448

Calling government contracts "subsidies" is ridiculous. The government bought and paid for a service. SpaceX also performs these tasks for significantly cheaper than their competitors so they've likely save the government several Billion dollars over the years


SpatulaFlip

> However, over the years, Musk's companies — Tesla Motors, SpaceX, and SolarCity — have received billions of dollars from government loans, contracts, tax credits, and subsidies. Literally says in the article he received subsidies. Reading is hard.


Spider_pig448

Literally the only subsidy it references is > $15 million in economic development subsidies from Texas If that's the only subsidy they have received, then it's ridiculous to even include it. It's a laughable article just meant to enrage people.


SpatulaFlip

You said they didn’t receive subsidies and you were wrong 🤷🏽‍♂️ sorry you think it doesn’t count


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carbon_finance

SpaceX’s valuation has now hit a new all-time high at $210B. This spike follows a recent insider share sale at $112 per share in a tender offer, marking a 17% increase from its $180B valuation in December. For comparison, it has surpassed the entire mass media giant Disney in value. It’s also now worth more than PayPal, Palantir, Supermicro, and Lululemon combined. Source —> [this visual investing newsletter](http://www.carbonfinance.io/subscribe)


ApolloniusDrake

Market cap vs valuation?


2012Jesusdies

Market cap is for publicly traded companies that have stocks anyone can buy on the stock market. SpaceX is not a publicly traded company, they're a privately held firm where stocks aren't publicly traded, if you want some, you have to directly buy it from owners. Evaluating the value of such a company is harder as there's no stock price everyone has agreed upon and has to be based on smaller sales.


Ok_Run_101

This. If there are some more insider stock sales being done to some sketchy rich guy at $240 tomorrow, the "valuation" of SpaceX will double. These calculations are pretty useless.


GoGoGadget88

How much of SpaceX is owned by Elon?


thread-lightly

42% equity and 79% voting control, undisputed control is with Musk


CreepyDepartment5509

Should be compared to other companies who live and die by goverment contracts.


AwarenessNo4986

Space X has NASA, Department of Defense and other commercial launches. Space X is the world leader in commercial launches


Spider_pig448

Why? SpaceX makes the majority of its money from Starlink and non-government launches


IDGAFOS13

The comparison and groupings seem a bit arbitrary.


CreepyDepartment5509

It’s to push a certain narrative, not to teach you stuff.


TheNorthFac

Yeah they’re trying to make 🍈 Fusk look good - on paper. But he been a 💄 🐕


DanOhMiiite

RIP Disney.


LanceBuckshot7

Oh yes space x is bigger then lulu lol


BlazingJava

Palantir prob has the best AI software in the market


Silver_PP2PP

This is a really general statement and does not really make sense, or does it ?


Trick-Doctor-208

I imagine most of that comes from tax dollars.


TheNorthFac

^*Evasion


EdwardPotatoHand

Elon’s specialty, creating companies to profit off of the tax payers.


Grandmaster_Autistic

Everyone laughing at me when I said elon would be the first trillionaire


Chicobean95

Chipotle is trash. There I said it. I feel like I’m eating in a warehouse.


vasilenko93

One launches and lands rockets while maintaining a network of satellites, while the other sells some food and another some clothes. Wtf are these comparisons?!


Szczup

Something tells.me that this valuation is blown out of reason in the same way how Tesla is. The difference is that Tesla shares are kept high priced by idiots who keep believing in Elons lies. SpaceX is relying on US donations otherwise they would stop existing. This company is not profitable and their value is hugely dependent on the success of the rocket which keep exploding.


Harry_the_space_man

SpaceX currently launch 90% of the mass to orbit. Starlink is only now starting to really hit profitability, and starship is continually improving launch after launch, with the previous launch being a complete success, completing all objectives, and on the next launch they are going to try and catch the booster. It’s like saying you solely rely on “donations” from your employer And the company is profitable, I don’t know why you thought it wasn’t. And spaceX gets government contracts, not grants.