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SpaceX files to go public

nytimes.com

71–80 of 631 posts

Re: SpaceX files to go public

#71

Earlier quoted context omitted.

You only get "fleeced" if the stock crashes. If it's that terrible of a stock then the price will be low. As far as SpaceX goes, I think there are far riskier companies with little prospect of doing well.

How about xAI? Losing $6B a year and with that whole "Grok, generate me an image of this child with no clothes on" horrorshow? Sorry, "xAI, a wholly owned subsidiary of SpaceX".

1.) All the image generation models will do that, xAI is just the one that caught flak for it

2.) SpaceX made $16B in profit last year, despite its enormous R&D costs and is on track for $20B this year, despite the losses from AI. People still wise to invest in Google despite their AI business still being a huge loss

Re: SpaceX files to go public

#72

Earlier quoted context omitted.

How about xAI? Losing $6B a year and with that whole "Grok, generate me an image of this child with no clothes on" horrorshow? Sorry, "xAI, a wholly owned subsidiary of SpaceX".

1.) All the image generation models will do that, xAI is just the one that caught flak for it 2.) SpaceX made $16B in profit last year, despite its enormous R&D costs and is on track for $20B this year, despite the losses from AI. People still wise to invest in Google despite their AI business still being a huge loss

> 1.) All the image generation models will do that, xAI is just the one that caught flak for it

Perhaps. But that's a huge undersell. "just the one that caught flak"? No. The one with nearly zero guardrails. Where users could trivially create underage porn, bestiality, etc., using prompts that you could put into any other AI and just say "does this image generation prompt seem likely to create legally problematic content?"

No, Captain Free Speech said fuck it, let's roll.

Re: SpaceX files to go public

#73
Now or never. If the stock market goes bust because of the war then most IPO windows will close or will result in a much lower subscription rate. You can expect a flurry of these in the next few weeks.

Re: SpaceX files to go public

#74
post #15

You don't have to believe. If you have a 401k you will be an investor 15 days after launch. The IPO will go great, because the company will float a fairly small issuance. The big shareholders will not immediately sell. They will hold on and maybe even buy to support the price. Then, after 15 days, it will enter the indexes and everyone's 401k will start auto-buying this stock. You might say this is an obvious flaw in…

Serious question: Is there some ETF that is "Index of S&P500 minus anything that smells like Musk"?

Re: SpaceX files to go public

#75
post #61

Earlier quoted context omitted.

It is a scam. "Full Self Driving" isn't even close to Level 3 autonomy or even Level 5. Tesla got away with this deceptive advertising and scammed [0] their customers believing their vehicles would soon reach full self driving autonomy. The only ones defending this are likely the ones that still haven't realized that they got scammed by Elon. Sorry that happened to you. [0] https://www.reuters.com/legal/tesla-must-fa…

How is this false opinion so common? I use self-driving regularly it has always worked more or less flawlessly

Self-driving is a thing. Full self-driving, commonly known as "level 5 autonomy", has been claimed for over a decade. These claims have been made so many times it has a dedicated Wikipedia page!

https://en.wikipedia.org/wiki/List_of_predictions_for_autono...

Re: SpaceX files to go public

#76
post #136

[stub for offtopicness] [All: please don't post unsubstantive comments to HN. You don't have to like $Company or $Person, but when the banned accounts are posting more thoughtfully than the rest, that's... bad.]

What's in the SpaceX Files and why aren't they already public?

Just more pedophiles and their supporters.

Re: SpaceX files to go public

#78

Earlier quoted context omitted.

The speaker seems to be generated by AI. Edit: I not pro musk, but the run of the mill pictures aren't needed.

> The speaker seems to be generated by AI This is Patrick Boyle, he's not AI generated? Why did you feel like the speaker is AI generated?

And Boyle, IMO, is a great presenter, in part because he is so deadpan

Re: SpaceX files to go public

#79
post #136

[stub for offtopicness] [All: please don't post unsubstantive comments to HN. You don't have to like $Company or $Person, but when the banned accounts are posting more thoughtfully than the rest, that's... bad.]

Does this mean that before june SpaceX will do something highly noteworthy, to justify the IPO price?

Re: SpaceX files to go public

#80
post #15

You don't have to believe. If you have a 401k you will be an investor 15 days after launch. The IPO will go great, because the company will float a fairly small issuance. The big shareholders will not immediately sell. They will hold on and maybe even buy to support the price. Then, after 15 days, it will enter the indexes and everyone's 401k will start auto-buying this stock. You might say this is an obvious flaw in…

Only NASDAQ so far; S&P 500 is apparently "reviewing its rules" but hasn't changed them yet. So you've got a full year to wait on that index fund, assuming they don't cave.

Also, would individual funds that track the S&P have left themselves some wiggle room to delay this if they wanted?
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