According to SpaceX's own filing documents, you are incorrect. They must be principally an AI company to justify anything close to their current valuation.
The rocket business is hardly profitable. The whole valuation is based around grok and space datacenters. He needs to keep pumping the hype or else we are in for the worlds biggest crash.
According to SpaceX's own filing documents, you are incorrect. They must be principally an AI company to justify anything close to their current valuation.
The rocket business is hardly profitable. The whole valuation is based around grok and space datacenters. He needs to keep pumping the hype or else we are in for the worlds biggest crash.
Well, in the long run expansion into space is the only profitable thing.
That's a much longer long run than Keynes' "in the long run we are all dead".
I’m sure that’s an idea Musk wants to sell you on.
What a bizarre take.
What's so special out there that we can feasibly reach in the lifetimes of our grandchildren that makes it the "only profitable thing"?
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