Comment by reverius42
2 months ago
Now that SpaceX is public, at a valuation that is both very high and supported primarily by xAI (Grok), it cannot simply go back to making rockets.
2 months ago
Now that SpaceX is public, at a valuation that is both very high and supported primarily by xAI (Grok), it cannot simply go back to making rockets.
> supported primarily by xAI (Grok)
Citation needed.
What was the relative value of the companies before the merge?
Decent summary of it here[0]. The “space” part of “SpaceX” is valued by market analysts and money managers at around 5% of the company’s entire value. Almost all of the rest is “AI stuff”, and Twitter is a rounding error.
That is, if SpaceX went back to being a space-only entity, and dropped the AI stuff, its share price should be expected to fall from $130/share to around $7/share.
[0] https://www.ft.com/content/09a62ed4-16af-433c-adb7-c877d1975...
Thank you for providing the citation.