In a blog post, Musk said the acquisition was warranted because global electricity demand for AI cannot be met with “terrestrial solutions,” and Silicon Valley will soon need to build data centers in space to power its AI ambitions.
This dumb fuck. Unfortunately, his boosters will be all-in on this messaging. Whatever.
“…creating the world’s most overvalued private company.”
FTFY.
I’m not really convinced SpaceX was over valued IF Starship succeeds, but every single part of xAi was.
And also, that’s a pretty big if!
For sure. I don’t doubt they’ll get it functional and getting payloads to space, but the entire premise is on full rapid reuseability, including same day relaunch of starship. That is still a very very very big if.
If they can’t get to that point, it’s not worth anywhere near what it is being predicted to be worth.