Part 3/8:
Otto explains that SpaceX’s valuation is driven largely by its revenue-generating assets like Starlink. Currently, Starlink charges about $500 per user, with 4 million subscribers—projected to rise to 40 million in two years. This expansion could generate around $2 billion annually alone. Beyond satellite internet, SpaceX has diversified into aviation, maritime services, and other government contracts, grossing tens of billions with high margins—estimated at 60%, which makes the valuation plausible.