Earlier quoted context omitted.
[flagged]
Care to share more about?
[flagged]
SpaceX files to go public
291–300 of 631 posts
Re: SpaceX files to go public
#292Earlier quoted context omitted.
In order to be incredulous at xAI, you'd have to be incredulous of the AI business in general, which is fair. But then you'd also be basically betting against the entire tech sector, and really the entire US economy and against the value add of AI. That kind of bet is much more difficult to swallow.
Who is using Grok seriously?
I use it, overall, it is not too bad. I wouldn't use it for coding etc, but its access to X means it can answer news related stuff much better. Its guardrails are lower so it does fairly innocuous things that will have ChatGPT or Gemini refusing to do.
Re: SpaceX files to go public
#293You 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…
Initial public offerings whose market capitalizations rank within the Nasdaq 100’s top members will normally be eligible to be included after 15 days of trading, Nasdaq said in a statement. The timeline is shortened from at least three months currently.
“Industry professionals, including asset managers and institutional passive portfolio managers, were mostly supportive of the Fast Entry proposal and proposed timing,” Nasdaq said in the statement.
15 days vs 90 days isn't some huge shift nor is it inherently some "flaw." These changes have been asked for long before Elon entered the White House.
Re: SpaceX files to go public
#294You 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.
Didn’t Sp500 drag their feet for a long time before adding Tesla?
Re: SpaceX files to go public
#295SpaceX has reduced the cost of getting a ton of mass into orbit by a factor of 10 and with their new system (Starship) it's poised further reduce that to 100x. They launch, land and re-use their rockets so often now that what was considered impossible 15 years ago is now routine. They currently put more things into space than the rest of the world combined and by a huge margin. They also have the most advanced intern…
Their technical accomplishments are doubtlessly notable, but does the expected business growth justify this valuation? Honest question, how many things do we really need to send up there that reducing the cost to orbit by 100x will trigger Jevon's paradox and lead to 100x more launches?
I suppose "data centers in space" is the current answer but again, I'm suspicious about its feasibility.
Barring that, until we have another "killer app" besides Starlink, like a giant orbital space station or a moonbase, I'm curious whether there is enough demand.
Re: SpaceX files to go public
#296Earlier quoted context omitted.
I never said it would replace terrestrial networks... you invented that claim yourself and are responding to a strawman. Starlink mobile is for rural areas, and the other 90% of the planet that's not well served by traditional terrestrial networks. And 40% of earth's population live in rural areas, so there is a large market for this kind of service.
In regions like Nigeria or the Philippines, Starlink costs over 100% of the average monthly income. The individual addressable rural market really is closer to 1% than 40%.
Starlink Mobile != Starlink
You're talking about the wrong product.
I am talking about Starlink mobile, their direct-to-cellphone mobile data offering, not Starlink internet...
Re: SpaceX files to go public
#297You 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…
Most people don’t have their money in the NASDAQ. They have it in the S&P 500. SpaceX hasn’t been fast tracked into it.
Re: SpaceX files to go public
#298> Money raised from a public offering would most likely help SpaceX finance its long-term goals of launching artificial intelligence data centers into orbit, creating a colony on the moon and getting humans to Mars. These are expensive and unproven endeavors that may take years and billions of dollars to achieve. Oh my god. When a journalist writes like any of this is remotely plausible within “years” and “billions”…
What possible reasonable benefit would there be to datacenters in space? Why would that even be a concept at all?
It's a convenient way to merge AI and spacetech, two hot topics to the retared investor class that rules our world. The reality and feasibility of it doesn't matter.
Re: SpaceX files to go public
#299SpaceX has reduced the cost of getting a ton of mass into orbit by a factor of 10 and with their new system (Starship) it's poised further reduce that to 100x. They launch, land and re-use their rockets so often now that what was considered impossible 15 years ago is now routine. They currently put more things into space than the rest of the world combined and by a huge margin. They also have the most advanced intern…
The difference between an Arianne and SpaceX launch is 10%, not 10x.
Re: SpaceX files to go public
#300> Money raised from a public offering would most likely help SpaceX finance its long-term goals of launching artificial intelligence data centers into orbit, creating a colony on the moon and getting humans to Mars. These are expensive and unproven endeavors that may take years and billions of dollars to achieve. Oh my god. When a journalist writes like any of this is remotely plausible within “years” and “billions”…
Technically if it takes 500 years and $17T it is still possible within "years" and "billions"