Comment by 0xbadcafebee

I don't think some people understand how money works. If you say you're going to have $3.4T in revenue, someone has to have that money, and give it to you. So where is the money? Who has it? Are they spending it somewhere else right now, and will decide to instead spend it on SpaceX later? Or is the money just sitting in savings accounts, strangely not being spent or invested?

And why would they put their money into SpaceX anyway? What has SpaceX said the $3.4T will be based on?

1. Space-based AI datacenters. Yes, they actually said that. Anyone who knows anything about space and datacenters knows this is insane.

2. Starlink. They're saying they're going to make $3.4T by... running an ISP. In space.

3. Starship. They are betting that so many people want to send junk into space that it'll make them $3.4T.

4. Possible Tesla merger. This would definitely bump up the numbers. But Tesla's future depends on cars, AI and robotics. The US's electric car market is in decline (Thanks, Trump!) and BYD is producing cheaper electric cars faster (though US buyers won't buy BYD's, the US electric car market isn't as big as the global market, and is smaller since removing tax rebates). It's clearly not a real AI competitor, if they just rented out their AI datacenters to the competition. And China is churning out robots constantly that actually work and are cheap.

As you can see from other analyses (https://fortune.com/2026/05/31/spacex-tesla-odds-of-merging-...), their cash flow is actually much lower than they claim. The valuations are crazily high. SpaceX/Tesla's claims of how they're going to make money verges on snake oil.