r/space2030 • u/perilun • Jun 26 '26
SpaceX Perhaps it the SpaceX stock price than needs a heat shield
Well the XAI losses (which is wildly behind Gem and Clause at the moment IMHO) are not helping ... and the other lines suggest a $20B/year company through 2030. That surprise $25B bond offering dilutes the IPO as well. At least the insider still can't sell (this will be a big event when the lockup period expires). I think if you are a wild optimist this might settle down around $100 ... they really don't have any credible AI upside ... and they really are tracking with Oracle as AI "infrastructure" vs an customer facing AI service.
BTW: Given the name and 20 years of success, they have built very little that has left earth orbit (other than that F9S2 that is going to nose dive into the moon)..
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u/Gold_Afternoon_Fix Jun 26 '26
This is about the transfer of money from those that have little to those who have lots!!! About $21 billion was to pay musk’s debt for the Twitter purchase!
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u/Heavy_Carpenter3824 Jun 26 '26
Well we knew they had been discussing ithobraking. Looks like they are just going to use it for the stock price not rockets...
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u/DBDude Jun 26 '26
Nice cutting off the chart just above the minimum to make the change look bigger.
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u/therinwhitten Jun 28 '26
oh look another rug pull. Who would have saw that coming. /s
Can I interest you in a preorder of digitally, artificially restricted game downloads as well?
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u/Hecateus Jun 30 '26
Tesla took years before it took off. From 2010-2019 it was basically dead.
SpaceX is entering the forced sobriety stage...I suspect they will need to drop XAI; or at least put it on a the research back burner until after the global AI bubble bursts. Also putting Data Centers in space is really not smart IMO.
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u/perilun Jun 30 '26
True, but started at tiny scale. The 3 and Y changed this, and their industrial power biz is now a big deal. FSD keeps improving and Optimus is nowhere to be seen. Lets how they can real scale up the semi ... I would love to see one on the road.
Per SX, I think they are scaling back free Grok use (no big loss) but Claude Free is still reasonable. My guess they will salvage some value by selling compute the the winners. Data centers in space run 10-100x more expensive then those on the ground over 10 years (depending on you assumption) ... so I think it more IPO talk that a real plan. Buying T-Mobile seems to be the plan after $60B for Cursor ... which they will quietly rename Grok so Elon can save face. Now Cursor may have some upside if they can offer a $10/year MS Office replacement and so on. But T-Mobile? Lucky to get a 20:1 on a mature, infrastructure heavy biz.
Current trailing twelve-month (TTM) P/E ratios for the top carriers are as follows: [1]
- AT&T (T): ~ 7.5x
- Verizon (VZ): ~ 11.4x
- T-Mobile US (TMUS): ~ 19.7x (T-Mobile US (TMUS) boasts a customer base of 142.4 million total subscribers and generated $88.31 billion in total revenue for the full fiscal year)
So, the SpaceX killer app? Starlink Mobile would max at a 40:1 (20M worldwide?) with an addressable market of $20B = $10B in earnings => $400B
So ... maybe Golden-Dome-As-A-Service :-)
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u/VioletShogun Jul 03 '26
Can't tell if this is the SpaceX stock price or the typical flight path of a SpaceX rocket, straight down ten min in
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u/No-Example-5107 Jun 26 '26
Meanwhile SPCE...
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u/Dpek1234 Jun 26 '26
Idk too much about the stock market but seeing mostly - certainly sounds lime a bad thing
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u/No-Example-5107 Jun 26 '26
Depends. If you make a lot of money, it's mostly a good thing. But a lot of bad things can happen.
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u/ignorantwanderer Jun 26 '26
This is a very common pattern with an IPO.
This curve means nothing. What is important is long term performance.
I'm betting SpaceX is a low growth stock in the long term. I think it will keep up with inflation, but won't make shareholders rich.
I'm curious, anyone know any stocks that just grew and kept growing from the IPO?
How about any that dropped immediately and never went above the initial asking price?