The Deuce: the Goldman book says company EBITDA will be $352b on $470b in revenue in 2030. Sounds good!*

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the Goldman book says company EBITDA will be $352b on $470b in revenue in 2030. Sounds good!*

Posted by cpsteine

on June 5, 2026, 9:45:24, in reply to "This SpaceX IPO is just a massive web of fraud, and the more I read about it, the angrier I get."

Edited by cpsteine on June 5, 2026, 9:45:50

Previous Message

The valuation is a joke.

The fact that Musk basically already has control of the shares he supposedly only receives if humans colonize Mars is absurd.

The indexes changing their rules to create liquidity at the behest of SpaceX insiders is borderline criminal.

Fortunately, the S&P 500 seems to have somewhat come to their senses: https://finance.yahoo.com/markets/stocks/articles/p-not-change-rules-allow-230217103.html

46

This SpaceX IPO is just a massive web of fraud, and the more I read about it, the angrier I get. - doubledown June 4, 2026, 19:31:38

stonks* :( - Tortillini June 5, 2026, 13:47:53
- The beginning of the techpocalypse!* - Stu June 5, 2026, 14:13:17
the Goldman book says company EBITDA will be $352b on $470b in revenue in 2030. Sounds good!* - cpsteine June 5, 2026, 9:45:24

Current EBITDA: $6.58 billion - Stu June 5, 2026, 14:05:04
Seems totally plausible for a company whose valuation is based on AI superiority and - doubledown June 5, 2026, 10:11:20
That’s pretty good margin.* - DocWalk20 June 5, 2026, 10:05:19
- Data Centers use less utilities in space due to the no gravity thing. I'm sold.* - Warrin'_Illini June 5, 2026, 10:10:32
  - Too bad they can't be shielded from solar flares - Stu June 5, 2026, 14:02:00

Just saw the S&P news, glad to see sanity prevail.* - Tortillini June 4, 2026, 20:04:46
- Cramer just did a nice piece on that on Mad Money - Potomac June 5, 2026, 17:53:37
  - I nominate this post for the Potomac Hall of Fame.* - complainant June 5, 2026, 18:13:24

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