Comment by snarf21
10 hours ago
Serious question: If you are so sure that this is a big payday, have you put all your net worth into SpaceX? Seems like a no brainer if you fully believe it.
The reason for this "data centers in space" is the same as the "sustained human colony on Mars". It is all pie in the sky ideas to drive valuation and increase Musk's wealth.
Just a small sampling of previous failed Musk promises: - demonstration drive of full autonomy all the way from LA to New York by the end of 2017 - "autonomous ride hailing in probably half the population of the U.S. by the end of the year" - “thousands” of Optimus humanoid robots working in Tesla factories by the end of 2025." - Tesla semi trucks rollout (Pepsi paid for 100 semis in 2017, and deliveries started in 2022, and now 8 years later they have received half of them.)
The thing about Elon is that he's got more than enough credibility with betting on big crazy ideas that he's one of a few people that you have to take seriously.
Tesla from LA to NY - https://www.thedrive.com/news/a-tesla-actually-drove-itself-...
Thousand of Optimus Robots...just announced closing a factory to have them focus on robot production - https://www.cnbc.com/2026/01/28/tesla-ending-model-s-x-produ...
SpaceX rewriting the entire economic formula for space launches, accounting for almost 90% of all launches globally last year, becoming a critical piece of the Department of Defense while also launching Starlink globally.
Neuralink let's people control computers with their brain, even playing video games. They're working on an implant to cure blindness right now.
https://neuralink.com/trials/visual-prosthesis/
I get that the man is politically unpopular in some circles, but it's really difficult to bet against him at this point. So far, the biggest criticism has been that it took a little longer than he initially said to deliver...but he did deliver.
I have put as much money as I believe in it (risk adjusted). And same goes for Google, Spacex, Blue Origin and other companies.
This trope
> It is all pie in the sky ideas to drive valuation and increase Musk's wealth.
Really needs to stop. This is based on a naive interpretation of how wealth gets created. Musk has an amazing reputation getting things done and making things that people like. Whether you like him as a person or not, he has done stuff in the past and that's reason enough to believe him now.
>Musk has an amazing reputation getting things done and making things that people like
Are you trolling?
Almost everyone in the industry thinks this way.
The demand for allocation in any of SpaceX private funding raises is practically unlimited. It’s just not something you can put your money in.
SpaceX and Starlink are privately held.