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I just hope this doesn't destroy the company that would suck lose their edge and then China comes in
by ge96 2mo ago
I just hope this doesn't destroy the company that would suck lose their edge and then China comes in
- mattas 2mo agoNo one forced them to IPO well above the present value of their future cash flows. Or claim their TAM was $28 trillion.
- roryirvine 2mo agoYes, you'd expect the Falcon 9-based space launch and Starlink businesses to retain some sort of value whatever happens. They could easily be sold off as going concerns if things were to go south. The failure of SpaceX might doom xAI and Mars colonisation, but it's very unlikely to wipe out American medium lift launch capabilities.
- dgellow 2mo agoAnd to merge with twitter and an unprofitable ai lab