[ericd]

Sure, I think everyone knows he's not batting 1000. I've used Waymos and FSD, and they were both great, so I don't think we're too far off now.

[Sammi]

My man, it's 2026.

How long will you have to wait for the spacex claims to become "not too far off now"?

[ericd]

Which claims? I’ve been a SpaceX investor for about 8 years now, I’m completely satisfied with their progress, even despite the Starship setbacks, they’ve done astounding work on all fronts. I’m not holding my breath for humans on Mars or us becoming a Kardashev 2 civilization, if that’s what you’re asking.

[bandrami]

Do you hold hopes for finding a revenue stream to outweigh the massive influx of AI debt Musk glued onto SpaceX?

[ericd]

It looks like they're taking on $20B in debt to clean up xAI's debt, and then paying it off with the equity raise? Do you feel that's very significant for them? 1% dilution takes care of it.

[bandrami]

You understand xAI hasn't magically stopped producing debt, right? It's still setting money on fire every single quarter

[ericd]

I think that's capex driving that, not opex, since they got those two (fragile) leases in place?

They can stop building out their capacity there, if they want.