391–400 of 404 posts
Earlier quoted context omitted.
SpaceX easily has 10x the potential of Uber. SpaceX has its hands in so many up and coming industries.
Aside from satellite internet, I can't think of anything realistic.
if & when the market corrects - the crash will be one of the ages. there's 3 businesses rolled into 1 entity as a cover to take money from gullible retail investors. SpaceX the launch business is legit. the other 2 are r fake n losing money n yet will be money will be stolen the retail investors. anyone with half a brain knows the TAM in the S1 is like 350Bn of the space launch business - the 28TN is just fake.
The assumption retail investors have 30B to invest or are willing to move 30B is quite a load bearing assumption.
Earlier quoted context omitted.
uh.. orbital data centers? Are we on the same page? 1.25B a month for half a gigawatt, with it rising up to 1g is the deal they just made with anthropic (total deal size 2-2.5B a month). Starship cost is probably something like (y = (400m - 20m*(0.85)^t + 20m, where t is times starship is launched. At 30 launches, they are close to their target of $20m. Falcon 9 has launched 649 times, they've resused the same booste…
Starship has launched today and hasn't finished everything it needs to even proof that it works reliable. For a Datacenter you need to put it higher than low orbit. After that, you will need to start to even develoop server racks full of GPUs for space. You literlay need to engineere from scratch a cooling system which will be a few hundred square feed big. You need to be able to transfer massive amount of energy rel…
>you could already build a normal datacenter somewhere
Can you? from where i'm sitting it's pretty illegal to build a datacenter in the united states. There has literally been hundreds of projects to build data centers around the US that have gotten canceled due to NIMBY's. Collosus itself is plagued by lawsuits.
All those things you listed aren't deal breakers, and maybe some earth based compute will be used but we simply don't have enough power, political will or the legal system to be able to push these data centers through.
So despite the fact that it is theoretically "Cheaper" to build a ground based system, and it will take 261 starship launches just for a single GW... The math is still mathin'. $33B to make $180B.
Earlier quoted context omitted.
5.5 year depreciation is only on the chips. Power, networking, cabling, the actual construction of the building is probably closer to 60% of that number. Also, they are only renting out colosus 1 ($10B), not colosus II ($18B). So, it's 10B, with $4b of that being attributed to a 5 year depreciation. The rest of the facility probably has a depreciation of around 20 years, and you can easily swap out GPU's, TPU's, Trit…
Generating your own electricity really isn't that much far below grid prices - you'd typically be looking at a central estimate of 15 years to get a return on investment for a large Combined Cooling and Power cogeneration setup. But, crucially, there's a huge level of uncertainty. You're making bets on the relative cost of nat gas and grid power, both of which have historically shown extreme volatility over that sort…
nat gas is extremely cheap to get options for, so no.. you are not.
It’s surprising just how low the revenue is for SpaceX. There are some 700+ companies with larger revenue figures, and yet just a small handful exceed SpaceX’s proposed valuation. In 2026 one gets the impression that SpaceX is a huge company, among the largest in the world. It’s wild to see that its business volume is smaller than Northrop, smaller than Apple’s peripherals alone, smaller than Avnet (heard of ‘em?).
As Patrick Boyle points out in this video "SpaceX IPO: Nice Try Though" (6m40s):
* https://www.youtube.com/watch?v=IHD8BDFYyGI
SpaceX has about the same revenue as breakfast cereal maker Kellogg's, but Kellogg's is more profitable.
It’s surprising just how low the revenue is for SpaceX. There are some 700+ companies with larger revenue figures, and yet just a small handful exceed SpaceX’s proposed valuation. In 2026 one gets the impression that SpaceX is a huge company, among the largest in the world. It’s wild to see that its business volume is smaller than Northrop, smaller than Apple’s peripherals alone, smaller than Avnet (heard of ‘em?).
Uber had about $11B revenue when it went public SpaceX is at $18.7B
And profits?
If SpaceX was a space services company (launch, ISP) the numbers involved may be nice; but with all the AI garbage rolled in, it's hemorrhaging money.
Earlier quoted context omitted.
They definitely show up. You don't even have to read the document yourself. Plenty of people are summarising it themselves and using AI. The loss from Xai is over 7B
Maybe I'm missing something, but where do they show up in the financial results ? They are yet to start paying this debt no ?
The debt is on the balance sheet and even the VC investments are listed so you can figure out how much they have to make to be on the whole profitable (as opposed to operationally)
Earlier quoted context omitted.
SpaceX easily has 10x the potential of Uber. SpaceX has its hands in so many up and coming industries.
Aside from satellite internet, I can't think of anything realistic.
Crazy this company will IPO for >1B with such bad financials! That said, Starlink seems to be a real cash machine, not as good as ads but enough to support AI bets. 2025: - Revenue: $18.7B, up from $14.0B in 2024 - Operating loss: -$2.6B - Net loss: -$4.9B - Adjusted EBITDA: $6.6B - Operating cash flow: $6.8B - Capex: $20.7B Segment breakdown: - Starlink / Connectivity: $11.4B revenue, $4.4B operating income, $7.2B a…
What is the best way to hedge against this turkey being included in my index funds?