[Tepix]

We know that xAI (with X) is struggling.

SpaceX is growing quite slowly. You could argue that Starship is likely to somewhat accelerate growth.

Starlink is doing well but also growing somewhat slow.

A more rational valuation would be 900b-1000b.

The rest is Musk and FOMO.

[mavhc]

SpaceX already dominates the global industry, there's barely anything left to grow into at current $/kg, but of course reducing $/kg by 10x means 10x more cargo to launch

[UltraSane]

Starship is currently a money pit.