Billionaire Gina Rinehart makes ‘significant investment’ in Elon Musk’s SpaceX (www.theguardian.com)
from Veserr@sh.itjust.works to world@lemmy.world on 18 Jun 21:09
https://sh.itjust.works/post/62036055

#world

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UnfortunateShort@lemmy.world on 19 Jun 00:54 collapse

Funfact: Despite SpaceX quite literally burning billions, OpenAI and Anthropic are even less profitable than them.

Not that either are profitable at all, I mean ‘more profitable’ as in ‘less unprofitable’. Just in case anyone on this planet still expects these companies to make any money.

EvilBit@lemmy.world on 19 Jun 03:14 next collapse

Yes, but what about the stock price???

Seriously, at this point if it wasn’t for market manipulation, there wouldn’t be any stock market at all.

JIMINY_CRICKET@lemmy.ml on 19 Jun 04:05 collapse

Wtf lol, not a good comparison when SpaceX is Xai/grok + xitter + starlink. He merged them because xAI is the worst performing AI company and needs capital to survive

Actual funfact, Anthropic is on track to go profitable next year, meanwhile OpenAI and xAI are projected to keep making huge losses for years.