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Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake

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Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake

#161

Post by bdangubic »

dmix wrote: post #146
wongarsu wrote: post #88

Earlier quoted context omitted.

Unlike Tesla, SpaceX is still a visionary and innovative company. Their current cash problems are precisely because they are so heavily invested in so many innovations that have yet to pan out

Tesla is making two big R&D plays into humanoid robotics and cyber taxi. That’s just as bold and requiring innovation as the SpaceX AI and starship stuff. That plus Tesla/SpaceX/Intel are together putting big money into Terafab to make semiconductors in Texas for those platforms.

> Tesla is making two big R&D plays…

The funniest thing you can write… Can’t believe people still write “Robotaxi” after 12+ years of failed promises… wild wild stuff

Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake

#162

Post by dgellow »

jdross wrote: post #79
georgeburdell wrote: post #67

Earlier quoted context omitted.

With the serious lapses in governance being made by founders with these special shares, such as Musk and Zuckerberg, I wonder if the shares without these special rights will be substantially discounted. What rights do these other shareholders retain that would keep them valuable? Rights to compensation in the case of bankruptcy?

These have become some of the most valuable companies on Earth. The idea that there are lapses in governance in these companies is insane. Any shareholder is buying in fully aware of the governance structure. Many because of it! Shareholders’ rights are clearly enumerated.

In the case of Spacex that's literally not the case, when private investors bought shares the company was already a decade old and had a single class of shares. It's only since the IPO that the company switched to a dual structure, multiple years after private investors bought in. And class-B shares have only been given to Elon and a few of his friends.

Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake

#163

Post by infecto »

glimshe wrote: post #111
wenbin wrote: post #110

Alphabet is the modern day berkshire hathaway. Alphabet’s investment holdings (eg, spacex, anthropic..) are worth in the same order of magnitude of BRK’s (~$300B) The track record of google’s M&A is pretty good. Except for search and cloud, many of Google’s important products were from M&A - Maps, Docs, android, doubleclick, youtube , deep mind, etc.

The companies you listed have great synergy with Google's core business. What's Google's play with SpaceX? Data centers in space?

Low cost payloads to space can unlock lots.

Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake

#164

Post by mhitza »

mrits wrote: post #97
mhitza wrote: post #86

Earlier quoted context omitted.

Love the typo. I think Musk's luck is running out, he's been too political this past year and he seems to also have run out of geek "street cred". Remember youtubers visiting (whatever the Tesla trade show was called) were more perplexed than impressed with what has been shown. Similar sentiment seen across trade shows (like CES) where everything was AI and no one seemed to ask themselves "why are we putting AI in th…

It’s so weird to see people actively try to criticize arguably the most successful person in the history of Earth.

Are you young and raised with the cult of personality, like so many gen Z and alpha?

Because I find your words surprising since critique is what I was raised with in the late 90s early 2000s. Offline and in the media.

At the same time your definition of criticizing is very lax, when I'm stating banal opinions and a broad observation.

Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake

#165

Post by stevefan1999 »

piloto_ciego wrote: post #154
nonethewiser wrote: post #124

Maybe hacker news is wrong and SpaceX is actually valuable.

Yeah, I have put my money where my mouth is, but I think it is. Extraordinarily so, and I think the Musk hate has clouded people’s judgement. For what it’s worth, I get it. I have found Musk insufferable for the last decade since he attached himself to the right and got into drugs, however I think SpaceX is undervalued right now. 1. They are literally the only company on earth with a reliable partially reusable launc…

5. A gazillion amount of telemetry data and social media data to sell on the data broker market. That alone is enough to attract another billion dollar of potential investment consistently, especially for training data and intelligence...you know, selling to the Mossad or CIA.

In a world of money, every bit you can earn, you have to earn, while I know it is immoral to sell the data for spying purposes, morality alone don't mean shit now, that I never see any capitalists and corpo dogs have any kind of morality anyway, except when massive backslash, congress hearings and boycotts, which is, ahem, Meta/Facebook and Cambridge Analytica. But given the unique position Musk used to have in Trump's government and his right leaning position he is safe to do so. At least for now, he is immune to holding congress hearing for a scandal I suppose.

And not to mention that Grok is literally trained over X/Twitter, and keep in mind Bluesky is federated and strangely, no one seems to be scraping it over ActivityPub. I believe Thread is also built on the same foundation but it's sure that Meta made good measures for antiscraping, I expected as a data oriented company.

Alas, keep in mind SpaceX merged with xAI and nonetheless don't forget their data side

Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake

#166

Post by infecto »

conartist6 wrote: post #33
throwaw12 wrote: post #32

Earlier quoted context omitted.

from your list, I think only Google has moat and something I would short least. Google has hardware, software ecosystem, mobile ecosystem, controls browser, has access to 2B+ users, has talent to come up with ideas - perfect spot for AI

Now Microsoft, them I'd short. In a way I have by starting my own company to undermine their various competitive advantages comprehensively

Time will tell but that feels foolish. MSFT is a terrible product company (look at copilot) but what they sell is a safe decision which is one of the most important factors for enterprise software. Nobody is close to replacing that.

Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake

#167

Post by teravor »

glimshe wrote: post #111
wenbin wrote: post #110

Alphabet is the modern day berkshire hathaway. Alphabet’s investment holdings (eg, spacex, anthropic..) are worth in the same order of magnitude of BRK’s (~$300B) The track record of google’s M&A is pretty good. Except for search and cloud, many of Google’s important products were from M&A - Maps, Docs, android, doubleclick, youtube , deep mind, etc.

The companies you listed have great synergy with Google's core business. What's Google's play with SpaceX? Data centers in space?

    > Data centers in space?
the investment happened 10 years ago

Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake

#169

Post by overfeed »

hansmayer wrote: post #72
pier25 wrote: post #62

Earlier quoted context omitted.

Excluding all the capex from AI this last quarter has been one of their best.

> Excluding But you don´t get to to that. Would be like "Excluding my business costs, my company profits are the same as my revenue".

The implication is if AI implodes, the AI-related expenses go away and what remains is a great business.

Re: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake

#170

Post by toast0 »

gizajob wrote: post #92
the__alchemist wrote: post #24

I am short both Google and SpaceX RN; SpaceX's IPO smells foul. Google is an AI-bubble short; Anthropic and OpenAI haven't IPOed yet.

Google makes money hand over fist and they don’t have enough things to spend it on. AI is a natural fit for them to burn all their profits into. Gemini’s integration is, I think, absolutely awesome - it’s completely changing the way I interact with the concept of googling and finding answers, and is free of sign ups or purposeful interactions with the likes of ChatGPT or Claude where you know you’re AI-ing. So your s…

> Gemini’s integration is, I think, absolutely awesome - it’s completely changing the way I interact with the concept of googling and finding answers,

Oh, me too. The way it writes things that look like they address my question, and then links references that totally don't makes me dread Googling in a way I hadn't yet. For probably five years, I've been doing DDG first and Google when I DDG doesn't work well and usually Google doesn't either, so I already have dread for Google, but this makes it worse.

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