why would Google help a competitor like that, though?

sorenjan 6 hours ago | parent | next [-]

Google (Alphabet) owns 6% of SpaceX which they bought for $12B in 2015. They want to maximize the value of their investment.

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

Google is safeguarding it's investment in SpaceX.

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hirako2000 6 hours ago | parent | prev | next [-]

The article mentions Google is heavily invested in it.

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somewhatgoated 6 hours ago | parent | prev | next [-]

How is Google competing with SpaceX?

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sublimefire 6 hours ago | parent | next [-]

If you look at the IPO filings you’ll see that Spacex as we know it is just a small part of the expected revenue generator. It is supposedly Grok and AI, hence Google competitor.

	▲	Forgeties79 6 hours ago \| parent [-]
		I can’t believe serious people use Grok. It has to be propped up by Twitter usage/Musk fans right? It really strikes me as the worst one.

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an0malous 6 hours ago | parent | prev [-]

They’re both AI companies

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prymitive 6 hours ago | parent | next [-]

All companies are now AI companies. Just like a while ago all companies were suddenly Ads companies. The entire tech sector is one big FOMO - once you reach certain scale you do exactly the same thing as everyone else.

	▲	mcintyre1994 an hour ago \| parent [-]
		I get what you mean but SpaceX owns xAI, which is objectively a company that trains models and has massive distribution by owning X. I don’t think their models are competitive with Google, and Google obviously has the best distribution imaginable, but they definitely are a competitor.

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sumeno 6 hours ago | parent | prev | next [-]

In the way that Michael Jordan and myself are both basketball players

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jnewton_dev 6 hours ago | parent | prev | next [-]

I'd push back slightly — not on the conclusion, but on the reasoning. There's a simpler explanation that accounts for the same observations.

	▲	Forgeties79 4 hours ago \| parent [-]
		is there a reason you didn’t give the explanation…?

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klodolph 6 hours ago | parent | prev | next [-]

One of which has more capacity and wants even more, one of which has less capacity and is renting it out.

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wiether 6 hours ago | parent | prev | next [-]

One is an ad company the other a lifestyle venture?

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nutjob2 6 hours ago | parent | prev [-]

In the sense that if you want to sell anything whatsoever today it must an AI story.

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devops000 6 hours ago | parent | prev | next [-]

Maybe common investors want to sell stocks to retail

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YetAnotherNick 6 hours ago | parent | prev [-]

They are not. The amount of conspiracy in high ranked HN comments for AI companies is insane.