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A comment on SpaceX Is Raising $500M at a $30.5B Valuation. Parent comment

Re:SpaceX Is Raising $500M at a $30.5B Valuation by GreaterFool on Tuesday December 18, 2018 @12:44PM (#18708635)
> If I could invest in SpaceX, I would.

So true! I would love to invest in SpaceX

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Re:SpaceX Is Raising $500M at a $30.5B Valuation by mrnobody_67 on Tuesday December 18, 2018 @03:55PM (#18710453)
See Bloomberg today: https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&c...

Still sure?

Genius, yes. Ambitious, yes. Good governance, no!

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Re:SpaceX Is Raising $500M at a $30.5B Valuation by Lapsed on Tuesday December 18, 2018 @05:20PM (#18711140)
Any evidence of actual investors being upset about this? The only actual quote from the wsj article:

"Founders Fund in a statement said it has been briefed on the relationship between SpaceX and the Boring Co. “and we have no concerns whatsoever."

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Re:SpaceX Is Raising $500M at a $30.5B Valuation by xkjkls on Tuesday December 18, 2018 @12:51PM (#18708710)
Why at this valuation do you think it's attractive? $30.5 billion is a hell of a price to pay for a business with only around $2 billion in revenue.
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Re:SpaceX Is Raising $500M at a $30.5B Valuation by Tuna-Fish on Tuesday December 18, 2018 @06:43PM (#18711662)
Because you expect the revenue to go up dramatically in the future.

The main reason for that belief, at least for me, is Starlink.

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Re:SpaceX Is Raising $500M at a $30.5B Valuation by abledon on Tuesday December 18, 2018 @10:18PM (#18712738)
that + mining asteroids w/ boring company tech
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Re:SpaceX Is Raising $500M at a $30.5B Valuation by rohit2412 on Wednesday December 19, 2018 @12:28PM (#18717385)
If that is their projected revenue source, I think most of us would agree that SpaceX is over valued
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Re:SpaceX Is Raising $500M at a $30.5B Valuation by abledon on Thursday December 20, 2018 @03:01AM (#18723226)
maybe most of HN, but i'm not so sure about the majority of small dreamers on reddit who like investing
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Re:SpaceX Is Raising $500M at a $30.5B Valuation by xkjkls on Thursday December 20, 2018 @01:07PM (#18727340)
I'm not sure that is who I want valuing companies
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