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u/slackerstuff

I drive everywhere. Here's why I'm showing up Wednesday to fight for bus lanes.
▲ 209 r/burbank+1 crossposts

I drive everywhere. Here's why I'm showing up Wednesday to fight for bus lanes.

I wrote up my thoughts on why I'm supporting the BRT (even though I think could be much better), what SB-79 actually means for Burbank renters, and why showing up Wednesday, in person, by phone, or by email, is one of the few political levers any of us actually has right now.

https://www.slackerstuff.com/p/burbank-this-is-your-lever-pull-it

Happy to talk through any of it in the comments.

(edited typo)

u/slackerstuff — 5 days ago
▲ 320 r/investing

What would SpaceX have to earn to justify $1.5T?

I’m trying to wrap my head around SpaceX as an eventual public company.

The company is obviously viable, so this isn’t really a “is SpaceX good?” question ut’s more: if it came public around $1T–$1.5T, what would the actual earnings power need to look like?

Starlink seems like the main driver. Launch is dominant, but I’m not sure the launch market alone can carry that kind of valuation. Defense/government work helps, but probably doesn’t deserve some crazy multiple by itself.

So what would you need to believe?

Is this basically a bet that Starlink becomes a huge high-margin broadband business? Or is there another piece of the valuation I’m underrating?

reddit.com
u/slackerstuff — 6 days ago