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SpaceX Forecasted to Burn $350B by 2030(youtube.com)
5 points by tcp_handshaker 9 hours ago | 2 comments
da-x 9 hours ago | parent [-]

I think they will have the revenue for this, and also - it is on par with the capital expenditures of the railroad industry in the 19th century in today's dollars. Given what they trying to do, it makes sense.

root-parent 7 hours ago | parent [-]

This makes no sense. Railroads were the core infrastructure and collected tolls from the economy. And at least one third of railroad companies went bankrupt in the 1890...

SpaceX is a company supposedly that would burn this while its "AI revenue" comes from renting broken compute, [1] to the people actually leading AI.

That is like BMW renting its factories to Toyota and then bragging that BMW is about to dominate the auto industry.

[1] - https://thenextweb.com/news/spacex-colossus-1-technical-prob...