> My best guess, it makes it harder to get loans in the future.

Which is pretty important! It's my understanding that from all that money they raised during their IPO, a good amount of it went right back out the door again to pay off misc loans for the twitter acquisition. They may only have bought themselves 6 more months of time given their purported burn rate (mostly driven by AI investment), so they're going to need more loans really soon, or another major stock offering.

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soleveloper 3 hours ago | parent | next [-]

> They may only have bought themselves 6 more months of time given their purported burn rate

If they had only ~6 more months they (+auditor) had to issue a warning. The 6 is not a hard number, AFAIK, but surely a point where it must be reported.

So honestly, I doubt it's the case.

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estearum 2 hours ago | parent [-]

At least as written, GP says bought them six more months of time. Not implying they had 0 months to begin with.

	▲	Octoth0rpe 2 hours ago \| parent [-]
		That was indeed my intent. Pre-IPO, SpaceX already had _some_ cash in hand, and was burning >4b per quarter IIRC; so presumably _some_ runway. That said, they also got the anthropic/openai monthly payments coming in soon (already started maybe?). The next earnings release will be the interesting one IMO.

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SadErn 3 hours ago | parent | prev [-]

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