/biz/ - Business & Finance

>>24851917
>>2485198
That's the SPAC P/E. The company won't be cash flow positive until like 2024. This doesn't typically matter for SPACs, where have you been? It will pump as people jump onto it, they're starved for investments in the space sector.
>>24851948
No, Starlink is for internet but they use terminals that cost $1900 to produce. This doesn't require any hardware and it's targeted for phones. They're not really competing against each other.
>>24852087
The bet is that people will pay more than $10.77 for this over the coming weeks, that's it.