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0 pointsbandrami16d ago0 comments

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

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ericd16d ago· 2 in thread

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.

bandramiOP15d ago

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

ericd15d ago

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.

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