created a $1.25 trillion titan that blends orbital dominance with generative intelligence. This isn't just a financial merger; it is a tactical infrastructure play. The vision includes building space-based data centers to bypass terrestrial limits. While
as a systemic risk rather than a pure asset. When the world’s most valuable companies become over-reliant on a single partner's model, the market demands a discount. This volatility highlights the danger of tethering a legacy giant to a high-burn startup.
commands a 300x revenue multiple on its $350 million run rate. It’s a clear message: the market will fund the infrastructure of tomorrow at almost any price.
knows that staying lean and supplying the entire ecosystem is safer than being trapped in one founder’s trillion-dollar vision. Strategic patience is the move here.
