He already got out! Should have stayed
Actually the Starlink division itself is profitable.
The unprofitable part is Twitter and xAI which got merged in right before the IPO.
SpaceX was actually on the path to being quite profitable, but then Musk tried to hide his two biggest money sinks inside it.
Probably a clause in the contract that they only get paid after returning from combat
AI startups are all so desperate for memory and GPUs that I wouldn't be surprised if a few of them were willing to buy shit that, uh, fell off the back of a truck.
Prior to the IPO, I was absolutely interested in SpaceX stock. Regardless of Musk's antics, they are far and away the most advanced and most successful space launch company in the world.
Where traditional space launch companies like Boeing and ULA are floundering and failing, SpaceX was getting it done, to the point where NASA and the US Military had to move flights originally booked with ULA and hand them to SpaceX because they were the only ones able to get things done on schedule AND is more profitable than any other rocket company thanks to landing and reuse technology.
Then, of course Musk merged Twitter into xAI, merged xAI into SpaceX, then basically called SpaceX an AI company to attract more AI investment hype, and 99% of the stock value is AI hype.
And I have zero interest in SpaceX stock any more.
I think they've only found that pigeons can't count to 5
Lol pixelated pictures for flags before they invented pixels
The funny thing is that even with this massive overspending, AI companies aren't profitable. They need these companies to spend 10x the amount per token, and 10x the number of tokens. Probably 10x the number of customers too.
Burning energy, draining water, spending massive cash so they can lose money on a product that doesn't even do its job. How the hell has the bubble not popped yet...
Maybe they should stick to Taylor Swift covers if they're so afraid of anything different
It's not like they won't get any mail at all. They just have to go down the block to a community mailbox.
Price tags. In Euros or rubles. And signs in Polish, Swedish, Russian, etc. On all his furniture and appliances, possibly on each bedroom too
I can't understand anyone who can look at the left dress and think that it's a dark picture in the shadows.
All the "explanations" basically say the same thing. Those dress shades appear to be white/gold in the context of a dark or dimly lit room.
Which the photo clearly is not. It's so damn bright the entire background is washed out, and light is even spilling over from the background over the dress.