3 ms·
SpaceX's S-1 says they're going to make more than $320bn by 2030 at a 74% expected profit margin. That implies they're going to succeed at selling high-value A
by matthewdgreen 4mo ago
SpaceX's S-1 says they're going to make more than $320bn by 2030 at a 74% expected profit margin. That implies they're going to succeed at selling high-value AI services, not compute, which is a competive business with typical profit margins at or below 30%.
- discodave 4mo agoEC2 may have higher margins than that. But your point stands, ain't no way xAI competing in that game.