• Egonallanon@feddit.uk
      link
      fedilink
      English
      arrow-up
      5
      arrow-down
      1
      ·
      5 months ago

      From memory the actual space business has been profitable for a while though certainly not to the degree that warrants this. The whole org has revenue something 5% of aramco.

  • CompactFlax@discuss.tchncs.de
    link
    fedilink
    English
    arrow-up
    2
    ·
    5 months ago

    Wild.

    Saudi oil is worth 1/3 of a wildly unprofitable collection of companies?

    Some of these older IPOs may exceed SpaceX after inflation.