More money games by Musk trying to shield his money. He’s already transferred ownership twitter to it, now he’s trying to move it to space-x.
Luka77GOATic on
Bloomberg reports a current joint valuation of 1.25 Trillion.
IngwiePhoenix on
Elon Musk doing a little shuffle with his toys!
… or an XYZ-Summon, if you play YuGiOh. x)
KakistocratForLife on
Just financial 3-card Monty. Betting that naive investors will give the whole thing an AI multiple when the price is set.
bloodontherisers on
Musk wants to say he is a trillionaire so he is trying to boost the valuation of SpaceX for the IPO so he can say he is a trillionaire. And the world is willingly giving it to him. Fucking disgusting.
Angelic_Doom on
More financial scams coming…. lol
ForsakenRacism on
How long till “Spacex buys 1 million robots from Tesla”
Joey_dono on
What does this have to do with muskrat begging to go to Epstein Island?
That-Interaction-45 on
Circlejerk of shit wrapped in a turd
DZello on
Space, IA and robots. We have everything we need for a great disaster movie.
128G on
Company owned by Elon Musk acquires another company owned by Elon Musk?
YeOldeMemeShoppe on
A bit incestuous don’t you think, SEC?
bluemaciz on
My tinfoil hat theory is still that he is actually broke and he just keeps moving all the stuff around trying to hide it
Edit: typo
bootstrapping_lad on
Boycott everything related to Musk
darkhorsehance on
The idea that we are going to put AI data centers in space is ludicrous.
– Cooling in orbit is radiative only, so you need massive radiator surfaces.
– Radiation destroys hardware and causes constant bit flips.
– Power requires football field scale solar arrays plus storage for eclipse periods.
– Defense matters too since anything in a predictable orbit is trivially targetable.
– Maintenance still requires humans and chips have to be replaced every few years.
To solve all that you are talking about a project bigger than the ISS, probably by an order of magnitude, assembled over many launches, with zero on site maintenance. That is not a problem that can be solved by a 20 billion dollar a year rocket company.
Spacex is impressive, but what are the actual innovations they’ve created? Cost, cadence, and efficiency in lower earth orbit. It stands on decades of NASA and Cold War era aerospace work. Nothing they have done suggests a leap to orbital hyperscale compute.
And economically, it makes no sense.
We have vast land, cheap renewables, nuclear options, cooling, fiber and human serviceability on Earth.
Wyoming or Alaska beats orbit every time. Even Antarctica would be easier, at least cooling would be solved.
This feels less like engineering and more like narrative inflation timed for an IPO that he wants to hit a trillion dollar valuation on. Big, futuristic, unfalsifiable, yet convenient.
Please, will somebody smarter than me explain how this isn’t pure hype?
Edit: Also worth remembering the pattern here. A decade ago it was Mars and city scale underground tunnels.
Then full self driving was promised every year starting in 2016 and we are still waiting.
Now Tesla wants out of the cars business entirely and pivoting to humanoid robots, despite the fact that the AI required to make general purpose humanoid robots useful doesn’t even exist in the research phase outside of tightly scripted demos.
This is what Musk does every time. When scrutiny increases or timelines slip, the narrative jumps to something bigger, further out and harder to falsify.
AI in space, humanoid robots, orbital compute… the story keeps changing but the capital raise never stops.
You can admire SpaceX real achievements while still recognizing that a lot of this is hype cycling timed for investors, not credible engineering roadmaps.
Being skeptical here is not anti-innovation, it is basic pattern recognition, and it smells like a bunch of bullshit to me.
Cool, datacenters that you have to go to space to repair and upgrade. GPU die on you? Memory go bad? Now you need a rocket launch with an EVA to go fix a $500 part. Cool, cool.
gotohellwithsuperman on
Look over here, for no reason at all. Girls FTW!
HxLin on
Imagine vibe coded rocket.
ChaseballBat on
xAI must be low on cash.
Nehemoth on
First the terrible investment in Twitter, Tesla began to show cracks, the boom of IA began, from inside Tesla create xIA, then hide everything wrong with twitter selling it to xIA then hide everything under the only Musk company which can profit, SpaceX.
distinctgore on
Pulling my ETFs before they are required to hold this pile of shit.
Lovecraft3XX on
Total grift
NoobyNort on
Ugh. Now the LLM/AI implosion has the opportunity to take down SpaceX too.
I hope any bailout is actually a buyout. If space infrastructure is important enough, it should be nationalized and this may be a chance. Just hope it bankrupts the Nazi-in-chief.
LargeSinkholesInNYC on
SpaceX is a shitty company.
sjogerst on
The self dealing is insane.
iamlocknar on
That can’t bode well for the IPO
pleachchapel on
So is a Corolla. Toyota still makes it because they are a successful car company instead of a meme stock bailing itself out with a bunch of funny money. It’s the same thing he did with SolarCity.
If that doesn’t look like a market bubble to you, you don’t know what they look like.
The next administration is going to shred him to pieces for his criminal incompetence in DOGE, then the bubble collapses, because you’re not buying a company, you’re just saying „I think Elon Musk is a super smart guy.“ Which is a fair position, SpaceX is by far the most impressive of his companies, but complete idiocy in other matters (the Vegas worse-than-a-subway, begging to go to Epstein Island, being a deadbeat dad to six families) makes it pretty clear he isn’t some Isaac Newton in secret.
He pays people to play video games for him to pretend he has high scores.
Then he goes to work & does the same thing.
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More money games by Musk trying to shield his money. He’s already transferred ownership twitter to it, now he’s trying to move it to space-x.
Bloomberg reports a current joint valuation of 1.25 Trillion.
Elon Musk doing a little shuffle with his toys!
… or an XYZ-Summon, if you play YuGiOh. x)
Just financial 3-card Monty. Betting that naive investors will give the whole thing an AI multiple when the price is set.
Musk wants to say he is a trillionaire so he is trying to boost the valuation of SpaceX for the IPO so he can say he is a trillionaire. And the world is willingly giving it to him. Fucking disgusting.
More financial scams coming…. lol
How long till “Spacex buys 1 million robots from Tesla”
What does this have to do with muskrat begging to go to Epstein Island?
Circlejerk of shit wrapped in a turd
Space, IA and robots. We have everything we need for a great disaster movie.
Company owned by Elon Musk acquires another company owned by Elon Musk?
A bit incestuous don’t you think, SEC?
My tinfoil hat theory is still that he is actually broke and he just keeps moving all the stuff around trying to hide it
Edit: typo
Boycott everything related to Musk
The idea that we are going to put AI data centers in space is ludicrous.
– Cooling in orbit is radiative only, so you need massive radiator surfaces.
– Radiation destroys hardware and causes constant bit flips.
– Power requires football field scale solar arrays plus storage for eclipse periods.
– Defense matters too since anything in a predictable orbit is trivially targetable.
– Maintenance still requires humans and chips have to be replaced every few years.
To solve all that you are talking about a project bigger than the ISS, probably by an order of magnitude, assembled over many launches, with zero on site maintenance. That is not a problem that can be solved by a 20 billion dollar a year rocket company.
Spacex is impressive, but what are the actual innovations they’ve created? Cost, cadence, and efficiency in lower earth orbit. It stands on decades of NASA and Cold War era aerospace work. Nothing they have done suggests a leap to orbital hyperscale compute.
And economically, it makes no sense.
We have vast land, cheap renewables, nuclear options, cooling, fiber and human serviceability on Earth.
Wyoming or Alaska beats orbit every time. Even Antarctica would be easier, at least cooling would be solved.
This feels less like engineering and more like narrative inflation timed for an IPO that he wants to hit a trillion dollar valuation on. Big, futuristic, unfalsifiable, yet convenient.
Please, will somebody smarter than me explain how this isn’t pure hype?
Edit: Also worth remembering the pattern here. A decade ago it was Mars and city scale underground tunnels.
Then full self driving was promised every year starting in 2016 and we are still waiting.
Now Tesla wants out of the cars business entirely and pivoting to humanoid robots, despite the fact that the AI required to make general purpose humanoid robots useful doesn’t even exist in the research phase outside of tightly scripted demos.
This is what Musk does every time. When scrutiny increases or timelines slip, the narrative jumps to something bigger, further out and harder to falsify.
AI in space, humanoid robots, orbital compute… the story keeps changing but the capital raise never stops.
You can admire SpaceX real achievements while still recognizing that a lot of this is hype cycling timed for investors, not credible engineering roadmaps.
Being skeptical here is not anti-innovation, it is basic pattern recognition, and it smells like a bunch of bullshit to me.
Edit 2: [This guy](https://taranis.ie/datacenters-in-space-are-a-terrible-horrible-no-good-idea/) has the credentials and comes to many of the same conclusions, so I’m not a cynical hater.
Cool, datacenters that you have to go to space to repair and upgrade. GPU die on you? Memory go bad? Now you need a rocket launch with an EVA to go fix a $500 part. Cool, cool.
Look over here, for no reason at all. Girls FTW!
Imagine vibe coded rocket.
xAI must be low on cash.
First the terrible investment in Twitter, Tesla began to show cracks, the boom of IA began, from inside Tesla create xIA, then hide everything wrong with twitter selling it to xIA then hide everything under the only Musk company which can profit, SpaceX.
Pulling my ETFs before they are required to hold this pile of shit.
Total grift
Ugh. Now the LLM/AI implosion has the opportunity to take down SpaceX too.
I hope any bailout is actually a buyout. If space infrastructure is important enough, it should be nationalized and this may be a chance. Just hope it bankrupts the Nazi-in-chief.
SpaceX is a shitty company.
The self dealing is insane.
That can’t bode well for the IPO
So is a Corolla. Toyota still makes it because they are a successful car company instead of a meme stock bailing itself out with a bunch of funny money. It’s the same thing he did with SolarCity.
If that doesn’t look like a market bubble to you, you don’t know what they look like.
The next administration is going to shred him to pieces for his criminal incompetence in DOGE, then the bubble collapses, because you’re not buying a company, you’re just saying „I think Elon Musk is a super smart guy.“ Which is a fair position, SpaceX is by far the most impressive of his companies, but complete idiocy in other matters (the Vegas worse-than-a-subway, begging to go to Epstein Island, being a deadbeat dad to six families) makes it pretty clear he isn’t some Isaac Newton in secret.
He pays people to play video games for him to pretend he has high scores.
Then he goes to work & does the same thing.