Because all space companies need a social network and an ai coding company. It just makes sense. And your pension needs to buy this very logical company because it’s large enough to be in the index.
SpaceX is an infrastructure company. Deeply dependent on government good will and contracts. It leases it’s data center compute to actual AI companies.
They aren’t deeply dependent on government contracts anymore. Starlink will be able to support them. Government good will, id say yes.
Starship is currently a money pit on the launch side, and will make or break that the company depending on if it works.
Its leasing excess capacity, but that might not always be the case, but IMO that business model is probably better than the selling an LLM model one, but if you run out of people willing to lease it, youre still left with a pile of hardware you gotta do something with.
If they stop leasing, xAI becomes a money pit too.
For sure, if something happened and NASA walks away, or reduces their interactions with SpaceX that will have ripple effects beyond what they currently provide.
This truly is the weirdest timeline. The only division of this shit company that brings in any money is the space and rockets division. However, the technology divisions are a money pit.
Because all space companies need a social network and an ai coding company. It just makes sense. And your pension needs to buy this very logical company because it’s large enough to be in the index.
SpaceX is 80% an AI company. More now, after acquiring Cursor. The space stuff is only the reception desk.
SpaceX is 100% a bullshit company. FTFY
SpaceX is an infrastructure company. Deeply dependent on government good will and contracts. It leases it’s data center compute to actual AI companies.
They aren’t deeply dependent on government contracts anymore. Starlink will be able to support them. Government good will, id say yes.
Starship is currently a money pit on the launch side, and will make or break that the company depending on if it works.
Its leasing excess capacity, but that might not always be the case, but IMO that business model is probably better than the selling an LLM model one, but if you run out of people willing to lease it, youre still left with a pile of hardware you gotta do something with.
If they stop leasing, xAI becomes a money pit too.
I agree. But suffice to say if NASA walks away from SpaceX because they fail to deliver, it’ll make an outsized dent to their perceived value.
For sure, if something happened and NASA walks away, or reduces their interactions with SpaceX that will have ripple effects beyond what they currently provide.
This truly is the weirdest timeline. The only division of this shit company that brings in any money is the space and rockets division. However, the technology divisions are a money pit.
Not even that. Only StarLink brings in profit.
I’ve come to call it SpaceXitterAI
Isn’t the only part of company which is profitable space stuff?
Starlink specifically makes money. The rockets just blow money up.
deleted by creator
Yeah, SpaceX is done in terms of exploring space musk is just cashing it.