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It is still about space. AI and space computers are just the vehicle to fund it all.
by Geee 2mo ago
It is still about space. AI and space computers are just the vehicle to fund it all.
- refulgentis 2mo agoBillions of AI capex for a model that’s consistently forgettable and space computers, presumably data centers in space, are funding SpaceX? Isn’t the opposite? SpaceX has an extremely profitable launch program and a profitable Starlink. It’s a straightforward would be better off financially without X and X.ai.
- smallmancontrov 2mo agoCash: rockets fund AI Equity: AI funds rockets Of all the places that money parted from fools winds up, this is not the worst of them.
- Breza 2mo agoYou are correct. If the company wanted, it could probably be profitable in the next couple of years. But that would require aggressively shedding stuff like X, xAI, and Starship. If they did that, they'd lose a lot of stock market value.
- matthewdgreen 2mo agoThe graveyards are full of blockchain companies who said something similar.
- tim333 2mo agoNot many that launched rockets or anything like that.