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![SpaceInvestor_D Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1505909833190592519.png) Space Investor [@SpaceInvestor_D](/creator/twitter/SpaceInvestor_D) on x 39.4K followers
Created: 2025-07-16 14:44:26 UTC

FIRSTNET (Public Safety)

-7M+ U.S. first responders

-Assume XX% adoption at $X ARPU → $470M annual revenue

-XX% EBITDA margin = $329M EBITDA

-15x EV/EBITDA = $4.9B valuation

✅ Adoption is utility-level, so XX% is conservative to me.

![](https://pbs.twimg.com/media/Gv_FENgXcAE2c9T.png)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945494739635064953/c:line.svg)

**Related Topics**
[$49b](/topic/$49b)
[$329m](/topic/$329m)
[$470m](/topic/$470m)
[adoption](/topic/adoption)
[investment](/topic/investment)

[Post Link](https://x.com/SpaceInvestor_D/status/1945494739635064953)