SpaceX wants a 1.75 trillion dollar valuation. That is a 1 followed by twelve zeros. It sounds cool, right? But if you look closely at the math... the internet is having a major reality check.
Think of it like a video game. Right
now, SpaceX makes about 18.7 billion dollars a year from launching satellites.
That's an amazing business! But to justify that trillion-dollar price tag
today, investors are expecting them to level up their revenue by over 57% every
single year for the next ten years.
How do they plan to do that? First,
Starlink has to completely take over global internet—even though building space
internet is brutally expensive. Second, they have to start making massive
profits on Mars. But let’s be real: Mars is going to be a giant cash-sink hole
for a long, long time before it ever makes a profit.
If you plug these numbers into our
Valuation Reality Check tool, the math breaks. Growing that fast requires
literal magic physics. Don’t just take Wall Street’s word for it—go use the
calculator link in my bio, plug in your favorite stock, and see if their
valuation is actual reality, or just pure sci-fi!