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Comment by khurs

Musk's 'capital power' is spread thinly, as both xAI and SpaceX need ongoing enormous funding and have debts.

Google raised the same amount as SpaceX IPO at the same time, it just didn't get as much attention outside of financial and tech press

https://techcrunch.com/2026/06/03/alphabets-record-breaking-...

The other big players (MS/Goog/Meta) have solid businesses already and both OpenAi and Anthropic are IPO'ing soon.

Musk over bought compute and is renting it out, many of the co-founders of XAI have quit, so doubt they will dominate any time soon.

parent khurs 4 months ago

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