Elon’s Dirty Secret : Whats wrong with SPACEX IPO? (Its worse than you Think) | Business Case Study
A Think School business case study on the SpaceX IPO, which the narrator says raised $75 billion at roughly a $2 trillion valuation despite about $5 billion in losses. He explains reusable rockets, Starlink as the profit engine, the xAI and X business, the idea of orbital data centers, and why he says the whole valuation rests on one number, bringing launch cost from $2,700 to $200 per kg. He then lists four red flags and three numbers to watch. Sponsor: Vested, named in a mid-roll advertisement for a global investing app with a $10 first-deposit bonus; that read is an advertisement and not investment advice. COVERAGE: the full caption track was available, so this note covers the whole roughly 20 minute video. All figures, valuations and projections are the narrator's own claims and are not independently checked. This is a summary and not financial or investment advice.
Executive Summary (TL;DR)
A Think School business case study on the SpaceX IPO, which the narrator says raised $75 billion at roughly a $2 trillion valuation despite about $5 billion in losses. He explains reusable rockets, Starlink as the profit engine, the xAI and X business, the idea of orbital data centers, and why he says the whole valuation rests on one number, bringing launch cost from $2,700 to $200 per kg. He then lists four red flags and three numbers to watch. Sponsor: Vested, named in a mid-roll advertisement for a global investing app with a $10 first-deposit bonus; that read is an advertisement and not investment advice. COVERAGE: the full caption track was available, so this note covers the whole roughly 20 minute video. All figures, valuations and projections are the narrator's own claims and are not independently checked. This is a summary and not financial or investment advice.