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submitted 7 hours ago* (last edited 7 hours ago) by throws_lemy@lemmy.nz to c/news@lemmy.world
  • Morningstar analysts believe SpaceX is “significantly overvalued” ahead of its blockbuster IPO.

  • The analysts say xAI poses a “material threat of value destruction” to the company, with its “economic moat indeterminate.”

  • Morningstar values SpaceX at $780 billion, which is roughly 48% below its private market valuation of $1.5 trillion.

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[-] CorrectAlias@piefed.blahaj.zone 4 points 1 hour ago* (last edited 1 hour ago)

I agree for the most part, but if instead of giving FCC money to a nazi billionaire scumbag we funded public utility fiber, we would have no need to ruin ground based astronomy and we'd have faster, more stable, lower latency connections. Switching to my county's PUD fiber was huge. I pay $65/mo for gig up and down and get sub 15ms pings in most things.

The FCC should have never given money to any private company, and certainly not one owned by one of the richest scumbags around.

[-] AA5B@lemmy.world 3 points 27 minutes ago

There’s no “instead of”. We already paid for that fiber, and need to start insisting we get what we paid for

… “in addition to” getting low latency high bandwidth satellite. There are many legitimate use cases for satellite internet, including astronomy

While I do see the loss to astronomy, they can filter it out most of the time, they have satellite options, and most importantly there are a lot more internet users than astronomers

this post was submitted on 03 Jun 2026
223 points (99.1% liked)

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