This isn’t space based, this is traditional data center capacity that spacex acquired when it bought xAI. Although given the inclusion of a no-penalty termination clause if the required capacity isn’t provided a cynic might suspect that Elon is just juicing expected revenues ahead of the IPO and that these contracts will quietly be discarded when the promised compute doesn’t materialise…
I wouldn’t be surprised if he cancels all the contracts the first day possible after the IPO. He does have compute though, xAI built 2 huge data centres
Sure, the question is does he have $2.17b/month worth of spare compute to cover this + the Anthropic deal after whatever compute grok is using is accounted for
I’d be wary of that given the detachment from reality of the TSLA share price. The market can stay irrational longer than you can stay solvent and all that.
This isn’t space based, this is traditional data center capacity that spacex acquired when it bought xAI. Although given the inclusion of a no-penalty termination clause if the required capacity isn’t provided a cynic might suspect that Elon is just juicing expected revenues ahead of the IPO and that these contracts will quietly be discarded when the promised compute doesn’t materialise…
given his reputation, previous actions, and thirst for even more wealth… anyone with more than three brain cells should see the scam being set up.
I wouldn’t be surprised if he cancels all the contracts the first day possible after the IPO. He does have compute though, xAI built 2 huge data centres
Sure, the question is does he have $2.17b/month worth of spare compute to cover this + the Anthropic deal after whatever compute grok is using is accounted for
I should really buy some puts on those IPOs… They are going to plummet so hard.
I’d be wary of that given the detachment from reality of the TSLA share price. The market can stay irrational longer than you can stay solvent and all that.