“There's no way the valuation of the company is going to equal the valuation of the entire silk industry”
We will own the regular silk industry which is peanuts in comparison when you include all other sectors.
From “invest in kblb” website.....
The Market for Spider Silk
Spider silk has the potential to revolutionize the multi-billion dollar silk industry. The market for raw silk alone is in excess of $5 billion per year. Traditional silk is primarily used to create high quality clothing, however, it does not have many industrial uses. In contrast, the strength and performance that spider silk possesses allows it to be used in multiple industries for various uses other than just clothing. In the medical industry, spider silk could be used as extremely thin sutures for eye or nerve surgery. Spider silk also has the potential to replace Kevlar in body armor. Just one of these markets, technical textile, which prioritize material performance generates in excess of $120 billion in annually sales. With Kraig Labs recombinant spider silk technology we have the ability to access this wide range of potential markets.