AI Just Saved SpaceX: Record $14.6B Quarter, First Profit and a Tesla Merger

SpaceX, four months ago, had the largest, most expensive IPO in history, and half of Wall Street basically wrote them off.

It goes beyond the title with direct discussion of compute, spacex, elon, including: They called the company massively overvalued, and yet last night they reported their quarterly earnings and a massive $14.6 billion in revenue in a single quarter.

1. 01Space was obviously a really good vision, but they had a long way to go to kind of like prove the rocket tests and get to the point where they could launch a rocket back and forth
2. 02So some of the headline numbers, $14.6 billion of revenue compared to last quarter, which is up 161%
3. 03You either use it for yourself to train and inference your own models or you rent it out to competitors or people who want that same inference and compute and make a hell of a lot