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It's all a bit of a mess with the consolidation of multiple businesses. > SpaceX is a pretty important company not just for "the market" but also for many othe
by kayo_20211030 2mo ago
It's all a bit of a mess with the consolidation of multiple businesses.
> SpaceX is a pretty important company not just for "the market" but also for many other things (see Russia/Ukraine war)
Starlink, which was rolled in to SpaceX, is/was profitable and it is a factor in Ukraine.
The rocket division is not profitable, but I sense that there might be a path to a profitably operating business.
As for the X/xAI piece, who knows? Long-term it seems like a moon-shot. I appreciate the irony that it's in the wrong division.