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by d_silin
11 days ago
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TL;DR: - AI part of SpaceX is absolute disaster, while its IPO valuation hinges on its future success. - Lot's of questionable corporate shenanigans and accounting tricks. - Public shareholders have zero power over Elon after IPO. Some numbers for 1Q 2026 Launch: -660M Starlink +1.1B AI: -2.5B |
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