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by andsoitis 11 days ago
> The company is so poorly run

In what specific ways is the company very poorly run, say compared to a comparable outfit?
1 comments
noodlescb 11 days ago
It's so bizarrely run that it's hard to decide what counts as a "comparable outfit"? It's a Space company crammed together with several deeply unprofitable and embarrassing investment companies the founder bought as a part of a transparent grift to cover his mistakes and his only argument is a vague promise of "data centers in space", after over a decade of promising similarly ambitious things that have never happened.

Compared to the other AI companies? It's got even less revenue and product/branding decisions that have it fundamentally incompatible with any of the customers that would result in it becoming a leader.

Compared to other companies of similar revenue? That would be like... uh... Carnival Cruises? lol the fact that it has a valuation where it does is only due to corruption and politics. Oh, sorry Carnival Cruises had actual revenue last year, SpaceX was -$1.9B.

Maybe I'm just in my media bubble, care to share the experts out there explaining how it's a great company whose valuation makes any sort of sense?

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andsoitis 10 days ago
When I think about how well or poorly an organization is run, some of the signals I look at are:

a) ability to attract and retain talent

b) ability to grow the company

c) creativity and speed of execution

On these three fronts it seems like SpaceX is run pretty well, at least above average.

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dgellow 10 days ago
You don’t care at all about a leader who has been lying to his customers for a decade?
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satvikpendem 10 days ago
Who cares what leaders say, they all lie, it's about what they actually get done and Musk has gotten a lot done even if he promised much and more. Words don't matter, only outcomes do.
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andsoitis 10 days ago
> leader who has been lying to his customers for a decade

Over Tesla Autopilot/FSD? Or something else?

If autopilot/FSD, not only is yours a false description, even if it weren’t it would not have bearing on the overall conclusion about whether or not SpaceX is run well.

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