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SpaceX Investors in Meltdown Over All the Money They’ve Lost (finance.yahoo.com)
submitted 2 months ago by to c/technology@lemmy.world
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[–] 73 points 2 months ago (4 children)

well, it is the same prediction. SpaceX IPOed as an AI company mostly

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  • [–] 5 points 2 months ago (2 children)

    Which is amazing because it's somewhere between 4th and 15th place in the LLM race. Let's say you really believe in a winner-takes-all scenario for AI where the winner gets to monetize harder than Google... Why would you invest in SpaceX? I don't understand the scenario in which SpaceX makes loads of money off of AI. Maybe with space datacenters, assuming that's even possible? But if that's the plan, why spend lots of money training their own model rather than renting out racks of GPUs?

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  • [–] 3 points 2 months ago (1 child)

    Makes sense, but didn't DOGE steal/transfer social security admin and other US government databases on every American for their AI training. Maybe that access was their implied/wink wink advantage over others?

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