Comment by aurareturn
1 day ago
I think one of them is not like the other.
I would invest in OpenAI or Anthropic or both but I doubt I'd invest in SpaceX.
1 day ago
I think one of them is not like the other.
I would invest in OpenAI or Anthropic or both but I doubt I'd invest in SpaceX.
Isn't SpaceX the only one of those that actually makes money?
Personally, I don't worry about profitability in the short term. If Anthropic is adding $15b ARR every single month, and their gross margins are 50%+ (per Dario), profits are inevitable.
The thing I'm most worried about with SpaceX is bundling X.com, xAI with it. I don't want to invest in X.com nor xAI.
Lastly, I don't my money tied to the Elon rollercoaster.
How are the margins 50%+?
There's an article from today where if they double their current revenue to $10.9B they will make ~$500M profit. Maybe I just can't count, but that's a margin of ~5% no?
These numbers should be inference only: https://www.reuters.com/business/anthropic-nears-first-quart...
2 replies →
I understand very little of this, but hasn't OpenAI burned so much money, which it now need to be recouped, making any profit short or long term is mostly a fantasy.
If OpenAI IPOs, then investors will expect a return. OpenAI can't generate that, so they'll be forced to slash R&D, stop datacenter roll outs and layoffs, so what's left? A model that will grow stale in six month, massive commitments and debt?
Can't wait to see where they stick the cost frontier model updates in the P&L. Maybe some kind of NRE they can amortize so it's outside of EBITDA?
SpaceX is a money furnace. Read the S-1 that came out yesterday.
seems unlikely as it owns twitter and grok, both being giant money sinks