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onlyrealcuzzo 5 hours ago

SpaceX is WAY more about space than Twitter.

Twitter by itself is lucky to be worth $15B anymore.

The space portion of SpaceX is easily worth 10x that.

xAI is theoretically the hype machine that makes up the remainder of the value.

cowboy_henk 5 hours ago | parent | next [-]

Twitter is the “hype machine”. It’s basically the advertising arm disguised as a social media company.

At SpaceX’s valuation, even a 1-2% increase in share price due to some astroturfing on the platform they themselves own basically pays back the cost of acquiring twitter.

mrits 5 hours ago | parent | prev [-]

Where did you get $15 billion from?

dopa42365 4 hours ago | parent [-]

Or $150 billion SpaceX? Internet constellations may be mildly profitable, but beyond that, most things are an endless money pit without clear path towards profit anytime soon. Like, no one is going to spend a trillion on a moon base (or exponentially more for mars) without plans to somehow recover all that money.

elif 2 hours ago | parent | next [-]

The US government is the one who routinely spends trillions with no plans to recover money.

And SpaceX has become their favorite place to put money over the last 5 years.

cineticdaffodil 3 hours ago | parent | prev [-]

Moon is taxfree zone?