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I don’t have time to detail everything I think you have wrong but re SpaceX one thing you leave out as a potential economic case is space mining. Could be insanely valuable.
Also most financial analysts value Starlink quite highly. Maybe you are missing something they are not.
The logistics of sending any kind of vehicle or probe to a specific asteroid in the asteroid belt for mining are so ludicrously expensive in terms of energy/momentum spend that the astrophysics community has largely treated space mining as a joke proposal for science fiction books since about the 60s - and that's before you get to the economics problems (there is virtually nothing in space worth mining and returning to Earth that couldn't be extracted more profitably on Earth in the first place). The case for space mining is a complete, unsalvageable disaster. "Short" version:
I don't doubt that SpaceX will happily take the money of anyone foolish enough to ignore all of the above at their own expense and perform their services as advertised. But their business model does not depend on people with more money than common sense - their big moneymaker is, as others have noted, building a novel telecommunications network with broadband-like performance and selling it to the US government, using novel reusable rocket components that cost orders of magnitude less than the previous state-of-the-art and that can be launched quickly and regularly. I expect their next steps for profitability all revolve around expanding the use of this network to things like surveillance satellites, content providers, etc. I grant that they have some appetite for ridiculous vanity projects like the mars launch stuff, but this is ultimately a manageable marketing expense. But for anyone with some rudimentary literacy in the subject, it should be clear that space mining is not a sustainable business, and as a marketing stunt it is extremely boring (heh).
"Getting places in space is convoluted to begin with, and all trips beyond Earth orbit require carefully calculated momentum assists from various heavenly bodies. The error on these calculations is pretty large relative to the size of most asteroids. It's infeasible to pre-plan a route so specific and so accurate that one could send a spacecraft to a specific asteroid in the asteroid belt once, let alone reliably at different times. The energy and time cost for any such trip would be enormous as well."
I'm already lost on your first point. NASA has already done this. For both asteroid belt asteroids and near earth asteroids. If you don't swap your inches and centimeters then yes you can go to a specific asteroid. It is not too complex, we understand orbital mechanics.
There is no reason to mine in space while everything we need is much cheaper to obtain on earth. It’s unnecessary science fiction to build “industrial tech” settings that include asteroid mines and lunar helium farming or whatever.
There is no need to mine the new world when everything is much cheaper to obtain in Europe. Some have argued that most colonies actually did cost their home countries much more than they brought in, but one can't argue with the results. THE USA!
The new world actually did offer resources not available, or available only in very short supply, in Europe.
Same could be said for space. You can't find 6 trillion dollars worth of platinum laying around here anywhere!
And if there’s ever a demand for $6 trillion worth of platinum the same way as for sugar and tobacco, you’ll have a point.
You don't know what you can use it for till you get that much! Heck tobacco wasn't even a thing before they brought it back! Certainly don't need sugar or tobacco, people just like them, pure luxury goods. Platinum has actual uses. From pure utils, tobacco and sugar have been huge negatives for human health and society including the horrible conditions on sugar plantations.
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