Re:SpaceX Revenue Doubled to $4.6B in 2022 Versus 2021
by asynchronous on Thursday August 17, 2023 @05:24PM
(#37168308)
I don’t understand how people say this with a straight face when Tesla is literally becoming the underlying charging network for the entire continental US. If anything they’re at a higher risk of the feds absorbing them as a public utility then they are of becoming irrelevant.
[ Parent
| on HN ]
Re:SpaceX Revenue Doubled to $4.6B in 2022 Versus 2021
by TheAlchemist on Thursday August 17, 2023 @05:29PM
(#37168372)
Not irrelevant - but not making money neither.
Look at the financials of this 'underlying charging network for the entire continental US' - the optimistic ones, project that it will bring ... 10B$ in revenues in 5-10 years (revenues, not profit !).
It's absolutely meaningless in the big picture of this company revenues and valuation.
Re:SpaceX Revenue Doubled to $4.6B in 2022 Versus 2021
by ProfessorLayton on Thursday August 17, 2023 @05:32PM
(#37168412)
Is there a company with any sort of network (electrical, cellular, or otherwise) that's worth nearly 700B?
No one said irrelevant either, but that their best days are behind them. From an investor's point of view that could certainly be correct.