SpaceX valuation hinges on uncertain AI economics, says Professor Aswath Damodaran (opens original article in a new tab)

SpaceX's high valuation is questioned by Aswath Damodaran, who points to uncertain AI economics and niche core businesses despite its market debut.

• SpaceX's valuation is heavily dependent on uncertain AI economics according to Aswath Damodaran.
• Starlink contributes 50%-80% of SpaceX's revenue but remains a niche business.
• Damodaran highlighted concerns about high costs, low margins, and scalability in AI business models.