Safety
when you think about it SpaceX has cumulatively lost a lot less than OpenAI so maybe it’s a bargain? or maybe we just shouldn’t value compan…
when you think about it SpaceX has cumulatively lost a lot less than OpenAI so maybe it’s a bargain? or maybe we just shouldn’t value companies at a trillion dollars until they actually show evidence
when you think about it SpaceX has cumulatively lost a lot less than OpenAI so maybe it’s a bargain? or maybe we just shouldn’t value companies at a trillion dollars until they actually show evidence of consistent profitability? silly me. SpaceX has lost 13B since 2023 and #WallStreet is still pricing the IPO at 1 TRILLION. Though a mere economist, @deanbaker13 says the math isn't adding up. https://cepr.net/publications/wall-street-says-that-a-company-that-loses-billions-is-worth-trillions/
Source: Gary Marcus (X) | 2026-05-26