Re:SpaceX stock erases all its gains and slides below IPO pr...
by gwerbin on Thursday July 16, 2026 @02:55PM
(#48938686)
Lol I meant "incumbent", that was a STT typo. But yes I get the point. My own point is that even a good-faith honest IPO for a spaceflight company probably won't look anything like Aramark. It's always going to be a bet on technology, not a share in the predictable profit stream of a boring company that serves pizza in school cafeterias.
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Re:SpaceX stock erases all its gains and slides below IPO pr...
by oblio on Thursday July 16, 2026 @06:15PM
(#48940989)
I would <<definitely>> agree with you if about 90% of their valuation wouldn't be based on them selling themselves as primordially as an AI company. "$28tn total addressable market", "data centers in space", etc.