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Capitalism in space: A report from Morgan Stanley on Friday said that the value of SpaceX could grow to $50 billion, more than doubling its present value, if it successfully launches its proposed broadband satellite constellation.
I like this quote from the article:
Reducing the cost to launch a satellite to about $60 million, from the $200 million that United Launch Alliance charged through most of the last decade, was a monumental breakthrough. SpaceX is trying to reduce its cost to $5 million per mission, and Morgan Stanley says the launch business “generates limited operating income.”
As they say, the proof is in the pudding, and you might say that SpaceX in the past five years has launched a lot of pudding.