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tcp_handshaker 7 hours ago

Besides now paying 60 billion for a fork of VSCode, it seems SpaceX meme stock style money raised from the IPO, is all gone in one week :-)

IPO proceeds after greenshoe: $85.7B

Major disclosed cash / debt-related commitments:

- Take out Bridge loan tied to X/xAI debt repayment: $20.0B

- Take out EchoStar debt payoff / cash component: up to $8.5B

- Take out EchoStar debt-service funding: up to $3.0B

- Take out AI infrastructure lease commitments: $20.2B

Subtotal of major disclosed commitments: $51.7B

Rough remaining cash before other costs :-)): $34.0B

Lets now talk about buying Tesla, doing Quantum and building a Dyson Sphere and do another round?

returnInfinity 5 hours ago | parent [-]

They are paying for the installed based. The users mainly. And also the team.

tcp_handshaker 3 hours ago | parent [-]

Looking at the comments on this thread, those users/installed base will be gone by the afternoon...