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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 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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