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How are you calculating the 2 years of runway? Last I heard they have $1B in cash on hand and are doing roughly $3B/year in revenue. Musk has reportedly gotten
by RedditKon 4y ago
How are you calculating the 2 years of runway?
Last I heard they have $1B in cash on hand and are doing roughly $3B/year in revenue. Musk has reportedly gotten their annual expenses down to $3B with another $1.5B in annual debt servicing costs.
By my math that's less than a year of runway.
- zamalek 4y agoAs I said, last I read - that was at the outset of this fiasco. So much has changed in so few months.