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by ipaddr 33 days ago
Going to mars won't be profitable unless each ticket is billions but space offers a new arena where new materials cheaper power and a new surface exists. It's like buying in on Apple in 1979.. it goes on a big run dies and is reborn and 45 years later its worth so much in profits.

Thankfully the richest man in the world owns it and is young and hyper and crazy enough to stick it out.

1 comments

SpaceX could easily be a good buy, but it is indeed different to the others. For starters it's two businesses not one.

SpaceX is clearly a leader in the field and (including StarLink) has some real profit centers. Mars is a distraction, but perhaps a useful way to build out tech that may have usefulness elsewhere.

It comes bundled with xAI. And that's much more of a gamble. The market can probably bear more than 2 (not Open Source) eventual suppliers, but history suggests 2 winners and a bunch of very small 3rd places.

Is xAI in the top 3? Doesn't feel like it at the moment. But clearly this will suck resources away from SpaceX in the short term.

So this one is riskier, but with potentially more upside.