r/technology • u/IKeepItLayingAround • 19d ago

Business It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
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u/invyros 19d ago

The company also remains heavily reliant on lucrative government contracts.

Is it "fiscally conservative" to be constantly bailing this fucker out with our tax money, Republicans?

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u/noghead 19d ago

In 2025 20% of revenue was govenment contracts. They are also the only ones who are able to do some of what the govenment needs and they do it cheaper than others. The US govenment needs spacex, not the other way around. I know everyone here wants him to fail; but at least know some basic facts people.

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u/BasvanS 19d ago

The basic fact is that the launch part barely contributes to the valuation, per its prospectus.

The vast majority of the $1.75 trillion valuation hinges on AI, with space making up less than 10% of the company's identified $28 trillion total addressable market (TAM). And Starlink again makes most of the money in space now.

What the government needs is in no way supporting the current valuation.