ER SHARES FOUNDER JOEL SHULMAN SAYS SPACEX COULD BE WORTH NORTH OF $1T
Our partners at ERShares see SpaceX $SPCX as a three-engine empire with one massive upside option:
- SpaceX dominates space exploration, with 90% of all satellites in space and launch costs down from $54,000 per kilogram to $2,000
- Starlink is the cash cow, growing from zero to 10M customers while competing against legacy telecom systems
- Joel Shulman says SpaceX could be worth $1.25T to $1.5T from those two pieces alone, before the upside of data centres in the sky