00:00It's Benzinga, bringing Wall Street to Main Street.
00:02SpaceX CEO Elon Musk announced Thursday that the company's Starlink satellite internet
00:07service now has over 10,000 low-Earth orbit satellites. Musk posted on X after a Falcon
00:149 rocket carried 29 more Starlink satellites into orbit. Goldman Sachs, the lead underwriter
00:20for a potential SpaceX IPO, reportedly discussed revenue projections with an investor, per the
00:25Financial Times. Goldman predicted SpaceX's AI revenue will surge 100 times to $322 billion
00:32by 2030, with Starlink contributing $144 billion and the rocket division generating $8.3 billion.
00:40Total revenue could exceed $474 billion by 2030. NYU Stern professor Aswath Damodaran called
00:48SpaceX's $28.5 trillion market opportunity fantasy and deemed the IPO overpriced.
00:55The S&P 500 also said it will not amend its rules to give SpaceX expedited index entry.
01:01For all things money, visit Benzinga.com.
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