Finance & Investments

[cunningman]

Based on expected annual revenues of around $18bn and a flotation valuation of roughly $1.8 trillion, investors are valuing SpaceX at about 100 times annual sales.

Revenue - not even profit.  FFS.

[PepeMAGA]

Just read an article which at the end had this about the Space X IPO saying on current valuations it's 100 times annual sales 

There is clearly a voracious appetite for artificial intelligence and ambitious new technologies. However, the SpaceX IPO has raised fears about AI mania - particularly given the company’s valuation. Based on expected annual revenues of around $18bn and a flotation valuation of roughly $1.8 trillion, investors are valuing SpaceX at about 100 times annual sales.

Annual sales of what though? Skylink is their only profitable part of the business ATM but that's not where the value lies. I think the valuation is based on technology that isn't currently making revenue like starship and compute capacity.

[PepeMAGA]

Micron release Q3 results in a week's time. Worth considering getting in now, is not already.

[Watts.E.Dunn]

Cant understand him wanting to set up an office on Mars unless there are some very worth a lor minerals or matals there Rodium Platignum golds etc.

As to intersteller space the voyager probes that have bene travelling since the 1970's have gone past the edge of the solar system and are some 0.001 % of the way to the neaerst star thats of no real interest i can't see how anyone or thing has ever got to earth anyway seems daft to me to distances involved are well - astronomic!!..

[alabama1]

Good couple of days for stocks 

Let's hope things can stay stable regarding the transportation and cost of oil / gas etc, now just wait for something else / someone else to do something to fuck things up 

My thoughts too. Since retirement, my pot has had to survive brexit, covid, Ukraine war, and now Iran conflict. Fingers crossed for at least a couple of years of no dramas in the world !

[PepeMAGA]

My thoughts too. Since retirement, my pot has had to survive brexit, covid, Ukraine war, and now Iran conflict. Fingers crossed for at least a couple of years of no dramas in the world !

COVID was a great time to buy though, if you could stomach the risk