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Reply to "Is SpaceX really worth $1.75 Trillion?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Space X and Tesla are worth shit, but Elon is a genius at, specifically, getting massive federal government funding and hollowing out federal agencies to replace their competencies with his businesses and making himself indispensable. He's a large tumor on the American system.[/quote] You got that right. SpaceX would be healthy if it was just the space business because they basically own the commercial launch market. Problem is Elon makes tons of money playing three card monte shell games amongst all his companies, which the IPO filing demonstrated. Elon needs SpaceX to take the risk for his Grok and xAI CSAM machine. What's really sad is that we're all going to pay if SpaceX fails because its going to force itself into everyone's 401k and index funds. Not good![/quote] Wow you’re clueless. Take a look at the IPO filing documents. SpaceX launch business is losing money. StarLink is the money maker.[/quote]
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