True. Cloudflare has a high cost base, but they had and still have a valid business model.
SpaceX is an entirely unique thing, I don't really know what to think of it. I don't see a viable business model there, but I might be wrong. Maybe there is trillions to make in space. Their targets are long shots, but meanwhile they are bleeding money on all their ventures and they ride on the AI wave. The IPO was fairly recent and it might still just implode one day.
SpaceX is an entirely unique thing, I don't really know what to think of it. I don't see a viable business model there, but I might be wrong. Maybe there is trillions to make in space. Their targets are long shots, but meanwhile they are bleeding money on all their ventures and they ride on the AI wave. The IPO was fairly recent and it might still just implode one day.