https://x.com/brivael/status/2065589299815514474
AI Summary: """French analyst Brivael Le Pogam argues that SpaceX closing its first trading day at 2.1 trillion dollars up 19 percent represents far more than a launch and satellite valuation. The market has placed a referendum on abundance versus managed decline choosing the vision of making humanity multiplanetary over decades of talk about sobriety and redistribution. Starship will slash the cost of reaching orbit by a factor of 100 not by shrinking existing markets but by creating entirely new ones. Once kilogram-to-orbit costs match the price of an airline ticket industries that become viable include orbital data centers running on continuous solar power data centers impossible to cool on Earth microgravity production of semiconductors optical fibers and printed organs mass orbital tourism lunar hotels point-to-point Earth transport in under an hour asteroid mining where a single metallic body holds more metal than humanity has extracted since the Neolithic and ultimately the infrastructure project of settling Mars. SpaceX does not need to enter these markets directly because it owns the gate to all of them functioning like AWS for an entire civilization. The post contrasts this with past pessimism about limits to growth noting that every dollar created will come from engineers technicians and builders rather than committees. A human will walk on Mars in livestream before billions by the 2030s and the day will render previous critics irrelevant."""
