SpaceX Proved It's $100T Rocket Works 🤑
For 15 years SpaceX has been building it’s Starship rocket.It’s the biggest rocket ever. A literal skyscraper that can fly into space and deploy cargo.Until now, it was just an experiment.But, on Monday morning, September 28th, SpaceX made it real. Not only flying Starship successfully to orbit, but having it successfully deploy cargo as well.It wasn’t just a test, up and down, to see if the rocket would blow up.They put 26 state of the art V3 Starlink satellites on Starship flight 14, and it deployed every single one of them.These new, massive satellites (enabled by Starship) are so big that this single launch moved the needle on Starlink’s entire network capacity.A 3% boost in network capacity from a single launch.On the last earnings call, SpaceX management said that Starlink could eventually handle the majority of internet traffic.WHAT?!That is an insane proposition. Until you break it down. And realize that SpaceX plans to launch Starship flights weekly, as soon as 2027, and will be launching tens of thousands more V3 satellites.Starlink’s network capacity isn’t set to go up 20%, 50%, 100% … no it’s going up 100X. 10,000%.Today, Starlink generates ~$20B in revenue per year. If the network 100Xs, we could be looking at $2T in revenue potential. Sure, maybe prices come down 75% … Ok $500B in revenue potential.That’s just from this new V3 satellite program … What about V4? V5? Starlink is looking more and more like an EASY $500B+ in revenue business by the mid 2030s.But forget Starlink. This Starship test is SO MUCH BIGGER than Starlink.Starink is just one example of the kind of thing that Starship will be launching.It’s the railroad of space. That’s why Flight 14 was such a big deal.SpaceX’s $2T+ valuation rests the success of Starship. Now, that seems like a sure thing.Over the course of the next 12 months, Starship flights will get more and more frequent.They won’t just be launching Starlink satellites (although that will dominate the early flights) … they will also be launching orbital datacenters. This will be SpaceX’s next $1T+ revenue business.As an investor who is concerned about the long-term fundamentals of the business, Starship’s Flight 14, was a massive milestone.Sure, there will be setbacks, and things won’t scale perfectly going forward … but something big has shifted. Starship has deployed commercial cargo.The 0 to 1 moment has happened. Now it’s about going 1 to N.My X: / gfilche HyperChange Patreon :) / hyperchange Disclaimer: I'm not a financial advisor this is not financial advice. I'm long SpaceX stock and may buy or sell shares at anytime.
