“.. We are not ready to suggest that the SpaceX IPO was the top of the market for big tech, but it seems like a strong signal now,” Gilbert said. @bloomberg.com $SPCX
SpaceX will build a $16.8 billion chip plant in Texas and create over 3,000 jobs to meet a demand of over one terawatt of computing power for Musk’s ventures Source: The Hindu BusinessLine Info-Tech https://www. thehindubusinessline.com/info- tech/spacex-to-build-168-billion-chip-plant-in-texas-create-over-3000-jobs/article71316332.ece #…
sipirtu@mastodon.socialMastodon · fosstodon.org23h agoview on Mastodon ↗
This is crazy. By 4Q27, AI is $261B of SpaceX's $305B run rate. 6x the rest of the company combined. Connectivity $37B. Space $7B. Starlink and rockets together end up as 14% of the story. [image]
So @wsj.com reported that #Tesla might sell its China operations to make it easier to merge the company into #SpaceX. CEO Musk denied it angrily, as is his wont. It would definitely help SpaceX. The shareholders, however? Not so much, at least per this @liamdenning.bsky.social piece. [GIFT LINK]