Morgan Stanley doubled its long-term valuation for SpaceX to $101 billion:
"SpaceX continues to solidify its place as 'mission control' for the emerging space economy" with Starlink and Starship.
Here's how the firm values Elon Musk's company: cnbc.com/2020/10/22/mor…
"SpaceX continues to solidify its place as 'mission control' for the emerging space economy" with Starlink and Starship.
Here's how the firm values Elon Musk's company: cnbc.com/2020/10/22/mor…
Morgan Stanley's base case SpaceX valuation:
– Rockets: $11.7 billion
– Starlink: $80.9 billion
– Point-to-point travel: $8.7 billion
cnbc.com/2020/10/22/mor…
– Rockets: $11.7 billion
– Starlink: $80.9 billion
– Point-to-point travel: $8.7 billion
cnbc.com/2020/10/22/mor…
While the company is currently launching rockets at a rate of about one every two and half weeks, Morgan Stanley’s base case assumes “SpaceX achieves a launch cadence of 1 launch per day by 2040.”
cnbc.com/2020/10/22/mor…
cnbc.com/2020/10/22/mor…
Morgan Stanley's estimate in large part depends on the success of SpaceX's Starship rocket, which the firm expects will cost between $5.6 billion and $8 billion to fully develop. cnbc.com/2020/10/22/mor…
Morgan Stanley expects Starlink will burn about $33 billion before it turns cash flow positive in 2031.
But the firm expects SpaceX will make that up by capturing 364 million subscribers by 2040 – or nearly 5% of the current global population. cnbc.com/2020/10/22/mor…
But the firm expects SpaceX will make that up by capturing 364 million subscribers by 2040 – or nearly 5% of the current global population. cnbc.com/2020/10/22/mor…
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