Morningstar does think it's a possibility that Starship ends up being highly suc... | Hacker News

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		ncallaway 6 days ago \| parent \| context \| favorite \| on: We Think the SpaceX IPO Is Overvalued Morningstar does think it's a possibility that Starship ends up being highly successful as a reusable platform and that orbital data centers end up being very successful, they just assign a 7% chance for that outcome.
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crowcroft 6 days ago | [–]

I guess to this point the argument for the valuation is just, do you think Elon will beat the (very bad) odds?

I wouldn't take that bet, but I can see why some people would.

GMoromisato 6 days ago | [–]

Fair point. Even if the math works, SpaceX could fail at execution for any number of reasons.

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