SpaceX at $100 Would Imply Zero AI Value, Morgan Stanley Says

Post by torh » Fri, Jul 24, 2026, 7:20 PM UTC

dnemmers wrote: post #8

downrightmike wrote: post #5

Earlier quoted context omitted.

During the irrational slap-'AI'-on-everything to juice the stock. Their current plan is the same as that shoe company that tried to rent out their warehouse space for AI compute. Same plan as Meta, other than scammers using meta AI to scam our parents out of their money. (Meta makes billions off of this use case and really shouldn't)

Renting data center capacity to AI providers might be the best business model out there, currently related to AI. Surpassed possibly by hardware manufacturers.

Post by benoau » Fri, Jul 24, 2026, 7:24 PM UTC

torh wrote: post #11

dnemmers wrote: post #8

Earlier quoted context omitted.

Renting data center capacity to AI providers might be the best business model out there, currently related to AI. Surpassed possibly by hardware manufacturers.

I'm not so sure. Is there really a demand for more AI data centers? Has anyone been turned down by OpenAI or Antrophic because they are out of capacity?

Post by hasbot » Fri, Jul 24, 2026, 7:27 PM UTC

expedition32 wrote: post #12

I yearn for the days when companies were judged on profit. Not ideology. Vibes. Hypes. Tweets. White House visits. The goddamn singularity.

Post by idiotsecant » Fri, Jul 24, 2026, 7:48 PM UTC

anon7000 wrote: post #10

It’s surprising to me that any investor in public stocks thinks share price is related to anything other than what investors are willing to pay. If everyone thinks price will go down, it doesn’t matter what underlying value exists, people will sell off. You hold on if you think investors will wise up at some arbitrary point in the future and buy it again. Which could theoretically be related to the value of AI, but i…

Post by downrightmike » Fri, Jul 24, 2026, 7:57 PM UTC

dlcarrier wrote: post #9

downrightmike wrote: post #5

Earlier quoted context omitted.

During the irrational slap-'AI'-on-everything to juice the stock. Their current plan is the same as that shoe company that tried to rent out their warehouse space for AI compute. Same plan as Meta, other than scammers using meta AI to scam our parents out of their money. (Meta makes billions off of this use case and really shouldn't)

At least there's a real aerospace company in there. The companies pivoting will have no value when the market corrects, but affordable aerospace launches will keep on keeping on. If anything, the anti-datacenter NIMBYism that the AI craze is generating will far outlast the AI craze, and NIMBYism is the only thing that would make launching datacenters into space cost effective, so Space X may get a long-term boost out…