[–] d_silin 1mo ago ↗ TL;DR:- AI part of SpaceX is absolute disaster, while its IPO valuation hinges on its future success.- Lot's of questionable corporate shenanigans and accounting tricks.- Public shareholders have zero power over Elon after IPO.Some numbers for 1Q 2026Launch: -660MStarlink +1.1BAI: -2.5B
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[ 3.0 ms ] story [ 11.6 ms ] thread- AI part of SpaceX is absolute disaster, while its IPO valuation hinges on its future success.
- Lot's of questionable corporate shenanigans and accounting tricks.
- Public shareholders have zero power over Elon after IPO.
Some numbers for 1Q 2026
Launch: -660M
Starlink +1.1B
AI: -2.5B