Comment by rvnx
18 hours ago
One theory of the play of SpaceX might do if everyone migrates to query-based billing:
Provide cheap and unlimited access to Grok for programmers (hence the Cursor partnership/purchase for distribution).
-> This would drag massive revenue right before the IPO announcement, like if the company is super growing
-> At a loss, but don't worry, we need these funds to build the biggest datacenter of the universe.
This announcement would create enough momentum to increase valuation, and because of the merge of his companies, would save his X/Twitter investors from a tragedy.
-> Would also be a great service to Cursor investors and so, who are stuck with their VSCode fork
They probably want the training data. Otherwise these 60B don't make sense at all.
But they can't buy curser before their IPO so thats that?
Perhaps they have to much compute because Musk overpromised and Twittergroq doesn't need that much compute after he nerved the porn stuff?
It takes longer to build a datacenter with that much capacity than it does for the market to respond.
Buying real estate in imaginary places is lucrative at first
I think they're going to have to do a lot to overcome the Musk and Grok poison. Even ChatGPT hasn't had as many lapses as Grok has had.
I don’t get the SpaceX reference. I thought they made rockets?
Nobody is paying for Elons xAI so he used SpaceX to buy xAI to fund it.
Under the pretense that SpaceX will be used to launch material into space to build space data centers.
They now also own xAI
Which in turn owns Twitter. SpaceX is now a social media company in addition to a rocket company.
One theory I think Matt Levine posited, is that SpaceX will go public with dual-class stock that gives Elon control even with a minority ownership stake, and will subsequently buy Tesla, which doesn't have dual class stock, making SpaceX the singular "Elon Musk company", with him having operational control despite being public.
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