All of these supposed deals between these “ai” companies are theoretical handshake “deals” that they’re magically claiming as revenue when no actual money changes hands.
SpaceX would absolutely remain private if they had the option. Elon said a million times that he regrets taking Tesla public and intended to keep SpaceX private forever to avoid investor scrutiny and pesky government regulations.
The only reason they are going public is to pass on the debt to stupid investors, because they don’t have any more money after folding in two loser companies in a last-ditch effort to keep them afloat. Once public, it wouldn’t surprise me if Tesla and SpaceX magically announce a merger, given that only one of those companies makes money (for now).
All of these supposed deals between these “ai” companies are theoretical handshake “deals” that they’re magically claiming as revenue when no actual money changes hands.
SpaceX would absolutely remain private if they had the option. Elon said a million times that he regrets taking Tesla public and intended to keep SpaceX private forever to avoid investor scrutiny and pesky government regulations.
The only reason they are going public is to pass on the debt to stupid investors, because they don’t have any more money after folding in two loser companies in a last-ditch effort to keep them afloat. Once public, it wouldn’t surprise me if Tesla and SpaceX magically announce a merger, given that only one of those companies makes money (for now).
Oh for sure. I hope Ed Zitron unpacks it. I don’t care enough to figure out the bullshit.