To The Moon

Nah, this had only one purpose and it’s showing that Tesla and SpaceX are already working hand in hand, thus making it clear that people should vote for a merger. Musk wants the merger so he avoid all the lofty targets of his compensation plan (like Optimus and Robotaxi’s sold) and can rely only on the financial targets and thus make a large part of his seemingly impossible 1 trillion dollar compensation!

Well, if you play the hype game it can also bite you back. So called investors, I'd rather call them speculators or gamblers, either have no clue about financials or don't care because some dude on WSB or YouTube told them that stocks xyz is the hottest thing to buy. Everyone runs in the same direction and people don't understand that such rollercoaster stock prices are the product of cleverly orchestrated short squeezes (in most cases) in combination with overly positive news which disregard said key financial figures and other warnings. Momentum, momentum, that's all that Joe Retail cares about. Guess what, huge wins also means huge losses for someone else, volatility isn't your friend, it's the friend of Robinhood and your broker, market makers and the big boys who will always beat you

I'm all in for advancing technology as long as it solves our biggest problems. If Musk only would try to solve Cancer, Alzheimer's and Parkinson's for a start, do his fair share to stop the inequality in the world and that he's the poster boy for this incredible and totally unnecessary wealth. Lastly, how is this advancing any Robotaxi or Optimus? That's what he has promised and what is behind the current crazy 300x evaluation.

Hock Tan said the truth and yet Zuckerberg announced to spent even more money on AI. While Meta and Google are making good money from their AI optimized ads, OpenAI and Anthropic haven’t found a profitable business model. The cheaper open Chinese models are forcing them to lower the prices even further while newer models get better. It’s a race to the bottom, AI is already a commodity!

This is the biggest scam ever and obviously is lead by Elon Musk's long time buddy Adam Jonas who would sell his mother for SpaceX share sells from his clients and other people who can't do math and need video summaries like this one and Wall Street Bets "advice". Read the SpaceX S1 prospectus on what their plan and expectations is for reaching profit. Then think twice because you might now live long enough to ever see this happening. Not to mention this is all build on the fragile and overhyped AI cycle in an overcrowded market where no one, for sure not Grok, is making any profit in the next 5 years, if ever. Because AI is a commodity, you can easily switch from provider to provider or use Openrouter to run several of them with no effort at all.

Guess who isn't getting more energy? The same one who will pay more for all this energy consumption surge whilst cheap renewable energy isn't on the agenda of the current administration (in favor of the oil, gas and nuclear industry)

Still the biggest scam ever, no matter what the name. Starships won't be able to transport the payload, if lucky maybe half of it. AI in Space is a joke and will be quietly stopped (as many of Musks previous heroic projects like wireless charging, using solar energy at every Supercharger, Dojo, 4280 battery cells everywhere etc).

Legend

Spot on article and analyst review. Let's not forget their core business which is still selling ads and Google is doing an amazing job there with their AI approach. It doesn't need to compete with OpenAI/Anthropic or Chinese models for AI leadership at all.

The majority of SpaceX valuation comes from their AI projects like Microhard and so. Starlink and their rocket business is a tiny part of the valuation. In the AI business SpaceX has achieved nothing apart from creating overcapacity in their data center which they rent out for a small margin vs their huge debt to build it. Don't trust analysts who helped on the IPO and are part of Musk's scam business! Do your due diligence yourself and check their profit (easy, there's none), debt (huge, low quality bonds) and growth projection (in all three business areas).