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TheAlchemist 4 hours ago

Finally ! Can we end the debate about how mind blowingly profitable this company is ?

Mind you, those numbers don't take into account YET the Twitter debt / xAI merger burden - which will run into tens of billions per year.

I just can't, can't wait until this whole Musk fugazzi finally blows up.

inemesitaffia 41 minutes ago | parent | next [-]

>those numbers don't take into account YET the Twitter debt / xAI merger burden

Clearly untrue. Given that's the source of the reported steep losses

vardump 4 hours ago | parent | prev [-]

> I just can't, can't wait until this whole Musk fugazzi finally blows up.

Be careful what you wish for. The collateral damage would be mind boggling.

malfist 2 hours ago | parent | next [-]

Spacex is not too big to fail.

moralestapia 4 hours ago | parent | prev | next [-]

>The collateral damage would be mind boggling.

Nah.

Nothing critical is running on top of any of SpaceXAI's offerings.

thephyber 2 hours ago | parent | next [-]

Arguably Ukraine is still alive because of StarLink.

Granted, Russia is trying hard to make every mistake in the book, but StarLink’s benefits for UA and cutting off RU units from StarLink was very advantageous this year.

oskarkk 3 hours ago | parent | prev | next [-]

NASA mostly runs on SpaceX, so it depends if you consider ISS to be critical. But I wouldn't say it would be mind boggling.

well_ackshually 2 hours ago | parent [-]

Cool, nationalise SpaceX, reintegrate its costs into NASA, done.

The US would never let its access to space be cut off.

hersko an hour ago | parent | next [-]

The US actually did just that when it retired the shuttle program. We had to rely on Russia to get to the space station.

adampunk an hour ago | parent | prev [-]

Watch lmao.

3 hours ago | parent | prev [-]
[deleted]
TheAlchemist 4 hours ago | parent | prev [-]

So be it. What's the alternative ? Continue a bubble ? Ride on the 'FSD by the end of the year' or 'thousands of Optimus next year' for the next 10 years ?

The guys is openly lying and clearly a drug addict at this point and people think he's not cooking the books ?

Musk empire will end up being a much bigger scandal than Enron ever was. It's just a matter of time until it unfolds.

aipatselarom 4 hours ago | parent | next [-]

SpaceX and Tesla are different companies, fyi.

TheAlchemist 3 hours ago | parent [-]

I know. They are very closely collaborating and are part of the same 'empire'. They will also go down together.

LanceJones 2 hours ago | parent | prev [-]

The idea that 100s of global pension funds don't do their due diligence when investing 100s of millions or billions of their members' future retirement funds is extremely naive. With sincerity, I hope you can find a way not to be so emotional about what Musk says and be more grounded in what his companies and their employees are doing.

eightysixfour 2 hours ago | parent | next [-]

Have you ever heard of a Mortgage Backed Security?

jaggederest an hour ago | parent [-]

or Bespoke Tranche Opportunity, they don't say CDO any more. I mean, it's the same thing, but still.

tensor an hour ago | parent | prev [-]

Investing in SpaceX is one thing. Investing in SpaceX that is now merged with several other failed companies that each incur massive yearly additional losses.... let's see how long those funds still hold SpaceX.