Because the sky high IPO valuable was mostly based on SpaceX being an AI company that has a huge TAM. Things that have nothing to do with space (please don't say space data centers).

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andsoitis an hour ago | parent [-]

> > Not sure why people are so fixated on this case.

> Because the sky high IPO valuable was mostly based on SpaceX being an AI company that has a huge TAM

OK, but why do you care so much about that? Are you disadvantaged or harmed in some way? I'm truly trying to understand because it seems to me many of these arguments are not really oriented around deepening understanding or changing minds, but rather about the boring business of standing one's ground and repeating the same arguments (and I'm thinking both of FOR and AGAINST positions). It is just so dull.

	▲	FireBeyond 25 minutes ago \| parent [-]
		Yes, because this position is being leveraged into things that significant public funds are being put into - SpaceX is on the receiving end of huge tax breaks, notable government contracts, extensive environmental impact waivers and so on and on. Yeah, I can be annoyed that a non-zero part of this is a shell game that is likely to leave taxpayers holding the bag when its considered "essential infrastructure" because of the all too cosy Trump-Musk relationship.