At least there's a real aerospace company in there. The companies pivoting will have no value when the market corrects, but affordable aerospace launches will keep on keeping on.

If anything, the anti-datacenter NIMBYism that the AI craze is generating will far outlast the AI craze, and NIMBYism is the only thing that would make launching datacenters into space cost effective, so Space X may get a long-term boost out of the whole ordeal, whether or not they have internal success in the AI market.

except you're forgetting that the taxpayers have subsidized it to this point and it can't stand on it's own.

And then there's all the competition