ABCDEFGHIJKLMNOPQRSTUVWXYZ
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Price per bus3.25
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Potential future price per bus4.875
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With increased bus price
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YearSatellitesRevenue ($MM)SatellitesYearRevenue ($MM)
Implied valuation ($B)
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202313.25120234.8858.08
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2024516.255202424.38290.38
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2025206520202597.501,161.52
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20261003251002026487.505,807.61
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TAM1,218.7514,519.02
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Billion
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SpaceX Revenue Estimate 202311.5
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Implied valuation137
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Implied P/S ratio11.91304348
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Implied valuation
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202338.7173913
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2024193.5869565
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2025774.3478261
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20263871.73913
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Total Addressable Market
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Total satellites launched (~)1000
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Addressable percentage0.25
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Addressable satellite #250
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TAM with current price812.5
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TAM with price increase1218.75
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