• BastingChemina@slrpnk.net
    link
    fedilink
    English
    arrow-up
    1
    ·
    6 days ago

    It’s not even a surprise, this is from SpaceX s-1 document: only 7% of their estimated valuation is from Space related activities

    • Redjard@reddthat.com
      link
      fedilink
      English
      arrow-up
      0
      ·
      5 days ago

      Is “Enterprise Applications” like shooting datacenters into space, or copilot business edition?
      I think the “Space-Enabled Solutions” part sounds more like designing satellites than the space-launch business.

      • AA5B@lemmy.world
        link
        fedilink
        English
        arrow-up
        0
        ·
        5 days ago

        They bought Cursor for AI. Earlier this year cursor switched to pay per use model, so now every engineer is spending dozens to hundreds of AI Bucks. I don’t think Cursor is profitable on that yet, but I imagine xAI are looking to scale that model, both to turn Grok into something that earns an income, and to scale up to profit despite cost of datacenters/training.

        I’m skeptical there is really a profitable market, but it might be the most grounded of his predictions. The technology exists, the business model is successful at a small scale, so they just need to scale

        • WhyJiffie@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          2
          ·
          5 days ago

          The technology exists, the business model is successful at a small scale, so they just need to scale

          could you provide details on that?