DougDoug

People who are Elon haters don't give enough credit.

SpaceX is a pretty solid company from what I could tell.

They're not profitable, to my understanding.

Correct.

But they do make real revenue and theoretically have a path towards being a real business.

Like Starlink is a...

Product people like it does makes real.

That's where the majority of the revenue comes from.

And they have government contracts for like launching rockets and shit.

So like, yeah, between these things, it's like, there's a business there, which is why, by the way, a lot of SpaceX investors, like the hardcore SpaceX only investors, people that like have been in from minute one and don't care about Elon or Tesla or anything else.

Or maybe it's like Elon, but they're mad about this.

This is like diluting because a fourth of the company they now own is

based on the way it was valued, is now Grok and Twitter.

They said XAI and Twitter is worth one fourth of SpaceX when they merged.

So that's where the shares were diluted.

So now you own this weird tumor, this weird appendage on a beautiful SpaceX that they really liked.

Or like a weird fucking AI that answers questions.

No, I don't think so.

Sometimes you need to update the chips that you sent up there, and it's incredibly a huge pain in the ass.

Probably 40 years.