Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

Polyester and nylon are cheaper to produce than Pima cotton and much much cheaper than silk. Society has a way of ignoring the hidden costs associated with products, which is why we still have coal- and gas-fired electric generation and gas stoves, in spite of the carbon footprint. The list of such offenders is long.

In 2022, the global production of polyester and nylon fibers was 87,000,000 metric tons. Global production of wool and cotton was 27,000,000 metric tons. Global production of silk was 91,221 metric tons.

If DS were to make a dent in the global textile market, it would have to replace all mundane silk production worldwide and then increase global silk production by a factor of 100.

If that were to happen, it would take decades.

Assuming KBLB is successful in producing and selling their silk, hopefully they will find sufficient markets to fuel rapid growth and we all become rich beyond our wildest dreams. I’m not expecting to live long enough to see KBLB’s world domination. It would be great to see some luxury hoodies and sports apparel. I’d even settle for a silk tie right now, but hopefully not one as ugly as BOLT made.