News@lemmy.worldEnglish · 7 days ago

As Musk backlash batters Tesla, SpaceX could be next

www.forbes.com

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As Musk backlash batters Tesla, SpaceX could be next

www.forbes.com

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News@lemmy.worldEnglish · 7 days ago

As Musk Backlash Batters Tesla, SpaceX Could Be Next

www.forbes.com

While DOGE dismay has hammered Tesla stock, SpaceX is still flying high with investors as the world’s most valuable private company. But economic realities and the physical limits of beaming internet connectivity from space could puncture the good vibes.

Summary

Elon Musk’s SpaceX faces growing investor scrutiny amid backlash over his political affiliations and Tesla’s stock plunge.

Starlink, SpaceX’s satellite internet venture, hit 5 million users and may drive $12.3B in revenue in 2025, but experts warn its $350B valuation exceeds its actual market potential.

Limited service density, high costs, and geopolitical tensions—like lost deals in Ontario and Italy—threaten growth.

Starship’s success could unlock new opportunities, but skeptics question demand. Analysts say faith in Musk’s vision, not fundamentals, underpins SpaceX’s sky-high valuation.

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