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?
I've watched Patrick's videos for enough years that I know he is not, but I still wonder from time to time. His voice is incredibly flat and uniform, he always uses fake backgrounds and there is extremely high use of jump cuts in his edits.
Rabble rabble... debt... rabble rabble... xAI burning revenue... > In the United States, SpaceX accounts for five of every six launches into space, according to Georgetown University’s Center for Security and Emerging Technology. That's why.
And likely soon to be the world's biggest ISP, (they probably already are by some metrics)
They are nowhere near the world's biggest ISP by any metrics, what are you talking about?
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…
The flaw is the limited float. Indexes will be forced to buy a huge number of shares which don't exist, driving up the price. For general investors if this is going to eventually happen, the earlier the indexes buy in the better. Otherwise more sophisticated investors will buy ahead of the indexes and grab the profit.
if they weighted (fully) by float (perhaps the average float from the trailing 90 days to the re-balance) it would not be as easy to game. The Nasdaq is accounting for float, but not completely.
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…
> If you have a 401k you will be an investor 15 days after launch You will be an investor in spacex and xai which it bought. Fun fact, Xai net loss 6 billion dollars per year and SpaceX net profit 8 billion on a good year ( https://www.reuters.com/technology/musks-xai-posts-net-quart... https://www.globalbankingandfinance.com/spacex-registers-tak... ) If you remember xai, it's that company currently being sued for th…
The SpaceX profit is EBITDA, not real. And presumably includes massive starlink depreciation and stock based comp.
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 con…
Not that I approve of that, but when image generation was hot and new, the insane amount of refusals I got from the major ones for apparently no reason, exacerabated by the general slowness, quotas and inherent trial and error workflow has completely soured me on them.
Unless you literally have nothing, YOU are one of the millions being fleeced. Pensions & retirement funds, any index fund that comes remotely close to technology, any equity you own in a venture in tech, any industry that via very short linkages is connected. Good luck avoiding this.
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.
They are only selling a small % of the shares in the IPO and subsequent weeks.
With a tiny float the price will almost certainly go up as a limited number of enthusiastic investors buy in. The plan is to then line up the lockup expirations so they sell into the index re-balance, a ton of new non-discretionary demand to match the new supply.
Patrick Boyle (fund manager, professor, youtuber) recently discussed this IPO on his channel. Informative and entertaining. https://youtu.be/8rS3fTbC7TE?is=TGpEdM2Y7sknP-cW
The thing i'm not looking forward to is SpaceX will now be beholden to Wall Street. With Startship testing being so public, there's a whole cottage industry of youtubers watching their every move, there's going to be lots of ups and downs on the stock price.
What makes you think this will be different from Tesla?