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Depreciation isn't the only thing that matters. R&D, manufacturing, maintenance, fuel, launch, support staff, and I'm sure there are countless others. I'm not
by scuff3d 6mo ago
Depreciation isn't the only thing that matters. R&D, manufacturing, maintenance, fuel, launch, support staff, and I'm sure there are countless others.
I'm not saying they aren't profitable. I don't know, but it's definitely not a given.
- inemesitaffia 6mo agoThey did report FCF before xai and also invested at least $1B before they merged xai
- scuff3d 6mo agoGiven that it's one Musk company giving a mountain of money to another, and the only numbers floating around regarding SpaceX seem like marketing fluff, I don't think any meaningful conclusions can be reached until we get some real numbers giving a full look at the finances.
- inemesitaffia 5mo agoWe have real numbers for both the launch and Internet business. We know how much was spent by Xai too. You can wait for Godot if you wish.