Glories
06-21

My opinion on SpaceX:

• SpaceX is one of the most influential private space companies in history.

• Its biggest achievement is dramatically reducing launch costs through reusable rockets such as the Falcon 9.

• The company’s Starship project has the potential to change space travel, satellite deployment, and future missions to the Moon and Mars.

• The Starlink network has become a major business that helps fund SpaceX’s long-term goals.

• The main risk is that ambitious projects often face delays, technical challenges, and regulatory hurdles.

Overall, I view SpaceX as a high-impact technology company that has already transformed the space industry and could play a major role in future space exploration. However, its most ambitious goals still carry significant execution risk.

SpaceX Surges 9.7% — Is AI Becoming Its Top Business Segment by September Realistic?
SpaceX +9.65%, extending the post-lockup rally. The trigger: Musk forecasting AI becomes its largest segment by September, far sooner than assumed — moving the valuation story from launch and Starlink to compute. The debut print: revenue +92% YoY, a beat; AI losses narrowing faster than expected; AI capex running hot, first flagged as a problem, now read as front-loaded spend. Cathie Wood added on the pullback; JPMorgan reset its target. Value SpaceX on Starlink and launch cash flow, or on AI compute optionality?
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