this post was submitted on 10 Apr 2025
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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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[–] [email protected] 40 points 3 months ago

experts warn its $350B valuation exceeds its actual market potential.

Just your standard Musk stock then.