JCW2001

Most companies are not successful. That's all you need to know.

Precisely.

Oh yes, I tell you're a real market analyst. SpaceX is exactly like every IPO ever. Except actually it's unlike just about every IPO there has ever been for so many reasons: The tiny float, special treatment, the intense lockups, valuation at 100x its revenue. No IPO has ever been like this.

"Cost of revenue" isn't the entire cost of running the company, (ie R&D, operations, sales, marketing, etc). It's just a cost they've associated with revenue IN ADDITION to the other costs I mentioned.

HSBC say they need to turn a 13b revenue to 200b by 2030 AND also find another 204b, in order to become profitable.

The numbers here are staggering...

Oracle spending ~$340 billion to build infrastructure that generates ~$75 billion annually, financed almost entirely with off-balance-sheet debt, while its free cash flow is negative $24.7 billion.

Yikes.

Ha. Try again

Amazon just did something unprecedented: they're forcing a 90-day safety reset across 335 critical systems after their AI coding tool caused catastrophic outages. The March 5th incident alone lost 6.3 million orders and triggered 21,716 peak Downdetector reports.