[bgnn]

The real reason is, Elon has SpaceX and xAI. He can create an illusion of synergy and orders of magnitude advancements to boost the market cap and pocket all the money. He realized long time ago you don't need to deliver to play the market cap game, in fact it's better if you are selling a story far in the future rather than a something you can deliver now.

[dubeye]

both can be true, he can excel at 'narrative' and also deliver me my Tesla and my starlink, it's not either or

[rob74]

Ok, he delivered your Tesla and your Starlink, but so far he has hasn't delivered your Robotaxi, your Optimus, your lunar lander, your space datacenter etc. And the list keeps getting longer instead of shorter...

[andruby]

exactly. This smells like a way to boost the SpaceX IPO to meme-stock premiums

[disgruntledphd2]

I mean, personally I'd probably have invested in SpaceX but it's a hard no with xAI attached.

I'm probably an outlier though.

[UltraSane]

That seems to be exactly what the goal is.

[dartharva]

What'd be the point of inflating market caps like this when it's obvious they'll crash the moment the owner tries to liquidate any of it before the promises are kept?

[UltraSane]

Rich people use stock as collateral for loans.

[thefounder]

I think you can get loans in the stock. That’s how “most people” live(and die)

[jstummbillig]

I don't understand the claim. SpaceX is literally delivering? And I don't think there is any delusion about that being optional.

[theshrike79]

[flagged]

[adammarples]

The wild claim is that they will deliver data centres in space

[mortarion]

Yeah, delivering using Falcon 9.

The Starship stack? Not so much. It's plagued, and will continue to be plagued, by endless problems. BO will beat them with NG.