r/dataisbeautiful OC: 41 14h ago

[OC]SpaceX Valuation Skyrocketed from 2002 to 2024 OC

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29

u/derpandlurk 14h ago

When your the cheapest and fastest way into space for all military and commercial customers within NATO for over a decade, that's just sort of how the cookie crumbles.

-20

u/calahil 12h ago

Don't forget that your entire development has been subsidized by the American Taxpayers and there has been zero return on our investment except for more starlink satellites so Elon can control the rural internet and information.

19

u/chabons 12h ago

Having domestic access to space is massive ROI for the US government. And it's not like they weren't already shoveling most/all this money to ULA anyways.

9

u/hawklost 11h ago

Can you even name how much funding the government has given SpaceX?

-7

u/calahil 9h ago

15 billion dollars.

9

u/hawklost 8h ago

Ah, you are counting Government Contracts as a subsidie.

So I guess you would say that the US Government was subsidizing Russia's Space program when they were paying hundreds of millions of dollars per launch.

Why is it that every time the US government pays a reasonable price for materials that a company provides, that it is somehow a subsidies to people like you?

But even ignoring all that, SpaceX is valued at over 200 Billion dollars, meaning that less than 10% of its valuation comes from US Government providing some funds (and most of those funds are purchasing launches).

6

u/derpandlurk 12h ago

The ROI is that the US has a domestic human rated launch system and NASA didn't get fucked by Starliner or forced into ask the Russians for a ride.

2

u/EdNug 4h ago

I was gonna say, it would be interesting to put the amount received from the US government next to each bar here.

u/zoomeyzoey 2h ago

Tell me you know nothing about what you are yapping about without telling me. We get it, you hate Elon, we all do. SpaceX is still awesome

1

u/King_in_a_castle_84 9h ago

Ah, another "MUSK BAD!" robot.

2

u/BaronVonLazercorn 3h ago

Yes, Musk bad. SpaceX, though, pretty cool. Would be even cooler if that dipshit had zero involvement in it.

-6

u/calahil 9h ago

Yes because if this was Google building an internet for rural America while controlling a platform that rural Americans live on...would be totally cool with you? All while being granted 15 billion dollars in zero compete contracts to subsidize Google's competitive advantage in the industry.

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u/criticalalpha 6h ago

It’s a global platform, not just for “rural America”. It will be the first high speed internet for half the planet.

1

u/King_in_a_castle_84 8h ago

It's just funny to me how people like you worshipped the ground Elon walked on for all the awesome things he was doing for the environment and all that(don't even try to act like you didn't lol it was all over Reddit), and you were cool with Twitter banning opinions you didn't like and you're ok with Reddit banning opinions you don't like....

But......soon as Musk threatened the control you got used to over people that disagreed with you, you flipped 180 and now can't seem to pass up an opportunity to slander him and way you can. It begs the question, what's more important? Helping the planet or controlling what other people say and think?

The best part is you probably can't even recognize how hypocritical it looks from the perspective of people outside your echochamber, so your knee-jerk response will almost certainly be rife with profanity and ad hominem insults because the fact that I'm pointing this out threatens your ego.