@fatpiggy Im considering dumping every stock in my “play” account and put it all in SpaceX. Talk me out of it.
xAI, Grok and Grok bots, Starlink, Cursor, X, rocket business, etc. The potential of this business is unreal.
Why would anyone buy space x when in a few weeks you can own Anthropic at half the multiple?
2/3 of space x launches are for starlink. There is no demand for it
starlink is a niche product with tech that doesn’t work for where the majority of the developed world lives. And if they want to provide access in cities and buildings, they will need to build the same infra as the telcos.
Xai doesn’t have a research org. It bought cursor, which has a good product - 3rd or 4th in market - but is getting passed by meta and battling Google for 4th place.
Twitter has been a failure of an acquisition financially, though he has had personal success using it to amplify his agenda.
Grokbot is a great product. Just like dots or perplexity computer, or Hermes, or openclaw. Hmmm…. Maybe not that difficult to build in this case.
But you failed to mention the only biz that actually makes money and has growth potential - it’s cloud business. Since he couldn’t keep a research team together and got his *** kicked in the model wars, he started selling all the excess capacity in his very poorly networked and illegally powered data centers. Because he doesn’t know what he’s doing, those GPUs crank out about 30% of what they should. Still, there is such a demand for compute because other companies are building great products, so he can sell those poorly networked racks because there is insane demand for compute right now.
I just don’t understand how people give this guy their money. He personally makes more money than his companies do and people think he’s a genius.