Yahoo Finance’s Post

Transcript

Musk SpaceX reportedly launching a tender offer in December that could value the company at $250 billion. Valuations tend to typically matter most when they're looking to do a new round of financing. And so that always brings to attention, you know, what the, the estimated value of the company is. Our link being their, their communications entity is something that they've teased in the future about potentially spinning that off if they want to raise more money into their other business lines in the future. They've also talked about you're not necessarily going public with SpaceX. Ever or not until they reach Mars. And we know now that goal is to send rockets to Mars in about two years with the other goal of sending humans to Mars potentially in four years. SpaceX has been a company that's been able to deliver on on many of their promises over the years. Starlink has been delivering for customers around the world, both individuals as well as entities. Darling has been a booming part of that business and one that they're certainly very proud of as becoming a pretty dominant force in the overall communications mark.