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Re:SpaceX Valuation Climbs to $180B by siquick on Thursday December 14, 2023 @02:31AM (#38638756)
I know it’s because of profitability but it still blows my mind that Meta, which has pretty much single-handedly damaged the global psyche, is valued at almost 6x a company that launches rockets into space.
Re:SpaceX Valuation Climbs to $180B by matthewdgreen on Thursday December 14, 2023 @03:50AM (#38639245)
At this moment, the company that launches rockets into space is planning to gain the majority of its income by providing high-speed Internet access… so customers can access communications services like Meta.
Re:SpaceX Valuation Climbs to $180B by extraduder_ire on Thursday December 14, 2023 @03:06AM (#38638957)
Not just that, more rockets and mass to space than most spacefaring countries. With more every year.
Re:SpaceX Valuation Climbs to $180B by zenmaster10665 on Thursday December 14, 2023 @03:07AM (#38638961)
Come on. Damaged global psyche? Seems a bit hyperbolic and unsupported by evidence.

The addressable market of rockets is considerably smaller than the addressable market selling ads... So there you go.

Re:SpaceX Valuation Climbs to $180B by bratbag on Thursday December 14, 2023 @03:24AM (#38639065)
There is a growing body of evidence that high levels of engagement with social media is linked with an increase in risks for multiple types of psychological ailments.

Singling out Facebook is a tad unfair and causality still needs proving, but I don't think it can be called either hyperbolic or unsupported.

Re:SpaceX Valuation Climbs to $180B by piaste on Thursday December 14, 2023 @03:21AM (#38639050)
Any web search for 'social media mental health study' will provide as much evidence as one could possibly expect for that statement.
Re:SpaceX Valuation Climbs to $180B by up2isomorphism on Thursday December 14, 2023 @02:27PM (#38646032)
It is not that mind blowing if we are talking about “evaluation” How many people care launching a satellite tomorrow more than chatting with a girl/man on Facebook? I think it is quite obvious.