That being said, it does look like it's being partially subsidized by Elon burning lots of money. We'll see if he can keep it up or if it will be left behind as hardware evolves.
> its June quarter sales could reach at least $10.9 billion
It COULD reach $10.9 billion. It COULD also completely shit itself and go bust. We'll just all have a fun time finding out together, won't we, investors?
Do this: pick a public company (because their numbers are available), look at their quarterly reports in the last 3 years. Check the numbers they forecasted for the subsequent quarter. Verify how bad they missed. See how likely they could "completely shit itself and go bust". Hint: extremely unlikely.
Hmm, it looks like if their revenue doubles to ~$10B and their expenses don't, they stand to gain a very sweet ~$500M.
https://www.reuters.com/business/anthropic-nears-first-quart...
That being said, it does look like it's being partially subsidized by Elon burning lots of money. We'll see if he can keep it up or if it will be left behind as hardware evolves.
> its June quarter sales could reach at least $10.9 billion
It COULD reach $10.9 billion. It COULD also completely shit itself and go bust. We'll just all have a fun time finding out together, won't we, investors?
Do this: pick a public company (because their numbers are available), look at their quarterly reports in the last 3 years. Check the numbers they forecasted for the subsequent quarter. Verify how bad they missed. See how likely they could "completely shit itself and go bust". Hint: extremely unlikely.