One of the stories of the year is the tremendously fast growing demand for electricity due to the insanely fast development of data centers for the whole AI Era of Wonder. In regions around the country, electricity prices are spiking because giant data centers need so much electricity to power … [continued]
Elon Musk says that he wants SpaceX and Tesla teams to work together to build 100 gigawatts of solar power manufacturing capacity in the US — cells and modules. And he wants to do that within three years. There’s a lot to consider here. Before we get into some of … [continued]
Steve Hanley had an excellent article this week discussing how the SpaceX IPO may well be a boondoggle to bail out a couple of Elon Musk ventures and enrich a few friends. It’s honestly a bit shocking once you get into the details of the IPO. I think most of … [continued]
SpaceX plans to go public next month. Will new investors see substantial gains or covering Elon’s losses from his misadventures?
There’s vast divergence of opinion on how useful AI systems, particularly LLMs (Large Language Models), are for our society. Some claim they bring us a massive leap forward and are completely worth all the money and energy being put into them. Others see them as incremental improvements (or worse) that … [continued]
Betting against China in space has become one of those comfortable Western assumptions that deserves to be retired. It sits beside earlier assumptions that Chinese solar would remain second tier, Chinese EVs would remain cheap copies, and Chinese batteries would never define global cost curves. The pattern is familiar. Analysts … [continued]
There’s been a lot of talk lately that Tesla may well end up merging with SpaceX, and with both companies shifting more and more toward AI and its supportive infrastructure, perhaps that is now Elon Musk’s big plan. Of course, both Tesla and SpaceX have built their fortunes on other … [continued]
If Tesla Cybertruck sales didn’t look bad before, they sure do now. Apparently, SpaceX has been buying a huge chunk of them. There haven’t been many sales in recent months, but Musk’s companies have been buying them, especially SpaceX. According to a Bloomberg analysis, 18% of Cybertruck registrations in the … [continued]
Billionaire Elon Musk surprised lots of people with his quick February merger between SpaceX and his artificial intelligence lab xAI. He is now in the process of adding up to $75 billion to the current estimated $2 trillion-plus SpaceX valuation, and, with the company’s initial public offering (IPO) nearly within … [continued]
SpaceX is on the verge of a giant IPO (initial public offering). Once upon a time, Elon Musk said that he never wanted to take a company public again, because he didn’t like the public oversight and annoying questions from analysts every quarter. But I guess Musk doesn’t really run … [continued]
