[TheAlchemist]

So be it. What's the alternative ? Continue a bubble ? Ride on the 'FSD by the end of the year' or 'thousands of Optimus next year' for the next 10 years ?

The guys is openly lying and clearly a drug addict at this point and people think he's not cooking the books ?

Musk empire will end up being a much bigger scandal than Enron ever was. It's just a matter of time until it unfolds.

[aipatselarom]

SpaceX and Tesla are different companies, fyi.

[TheAlchemist]

I know. They are very closely collaborating and are part of the same 'empire'. They will also go down together.

[kortilla]

They are not closely collaborating. They share essentially nothing beyond Musk.

[TheAlchemist]

Did you actually read the S-1 ?

Tesla is mentionned 87 times. And even they explicitly state that they have strategic collaboration. They supposedly biggest projects are developped together (Macrohard, Terafab - all fugazzi, but still).

Related party transactions are close to a $1 Billion in 2025.

[kortilla]

xAI perhaps. But that wasn’t even a part of spacex last year and the company existed just fine.

[LanceJones]

The idea that 100s of global pension funds don't do their due diligence when investing 100s of millions or billions of their members' future retirement funds is extremely naive. With sincerity, I hope you can find a way not to be so emotional about what Musk says and be more grounded in what his companies and their employees are doing.

[tensor]

Investing in SpaceX is one thing. Investing in SpaceX that is now merged with several other failed companies that each incur massive yearly additional losses.... let's see how long those funds still hold SpaceX.

[ericd]

Isn't xAI profitable after leasing out its DCs to Anthropic?

[eightysixfour]

Have you ever heard of a Mortgage Backed Security?

[jaggederest]

or Bespoke Tranche Opportunity, they don't say CDO any more. I mean, it's the same thing, but still.