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Work out together with Claude what a reasonable market value for SpaceX should be.
1. Calculate SpaceX’s fair market value:
Starlink 4.4 trillion yuan
Rocket launches 2 trillion yuan
Xai 3 trillion yuan
X 600 billion yuan
Currently, the market value is 10 trillion USD, so the next step is to consider the Musk premium. Musk’s successful ventures—PayPal, Tesla, SpaceX, Starlink—are a series of “impossible missions” being delivered continuously; they’re unlikely to be repeated. A 30% premium should be applied.
2. Continue to consider SpaceX’s story-realization options.