Question 1

Many countries around the world have introduced restrictive policies targeting Starlink's satellite spectrum monopoly, space debris, and cross-border data control. If countries simultaneously tighten aerospace and internet regulations, significantly compressing SpaceX's long-term growth ceiling, will the forward profit expectations tied to its current trillion-dollar valuation completely fail? When institutions assign high valuations to SpaceX, have they fully priced in the tail risk of geopolitical regulation?

Question 2

The equity structures of Musk's various companies are interwoven, and he personally holds concentrated voting control. If a major overall restructuring is undertaken, will it further dilute the voice of external minority shareholders through mergers and share swaps? In the restructuring process, what institutional shortcomings would make it difficult for ordinary investors to share in the synergistic benefits, instead forcing them to bear losses from multiple businesses continuously burning cash?

Thanks for the answers! @SpaceM @Miracle Trader cola @The Leek Who Lost a Building