Nvidia discloses $21B stake in SpaceX at end of second quarter (cnbc.com)

When NVidia unravels from the current state of the market I'd gather it's going to be a phenomenal source of data to study with respect to the questionable economics propping all of this up today. Curious if Jensen actually believes he's going to outrun this train or if he thinks that spreading his chips out keeps him from a worse demise.

I’m so tired.

For those confused, this is just the logical thing to do in any case. SPCX is also the biggest position Google has. And they were in early.

Hrm.. Data centers in space?

At this point they’re just giving each other money to pretend like they’re actually making it.

"The AI boom has echoes of Enron"

https://www.businessinsider.com/ai-boom-enron-tech-stocks-de...

That's about 25% of all the money raised in their IPO! The circular financing here should give everyone pause. We're at Enron levels of financial engineering, and the outcome is likely going to be worse.