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> in any case company valuation is not based on aspirations

It kind of is though. Valuation is based on future discounted cash flow. Aspirations inform how much future cash flow a company can generate.

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but are satellite launches a growing market? there is only so much space up there. Mars is a different beast, but that's quite a few decades ahead before it starts bringing "cash flow"

I’m not sure if you’ve checked recently, but there’s a lot of space up there.

Not really. Geosynchronous orbital slots are filling up very quickly. They tend to space them about 2 degrees apart due to interference.

Yes, they are. Multiple constellations with thousands of satellites each are planned.

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