Emily Flippen

But at the same time, most of these private companies are not yet profitable.

XAI falls into that.

They own X, which is the old Twitter.

Are they at a point where they need to get to public markets?

I guess the argument would be the same with SpaceX.

They both need to get to public markets to be able to access that capital.

My question for you is, if you're an investor, are you

interested in those IPOs where the story is, hey, we're going to make something huge in the future, but we are burning a ton of money.

And right now, there's not really a sustainable business model that just seems like there's so many of these companies that are going to go public.

And can they all survive?

That's a huge question that we probably have to ask ourselves in 2026.

Lou, what does all of this mean for Tesla?

Because that is the publicly traded company today.

If nothing else, I would love to see what the financials look like for the SpaceX XAI business, because there's a lot going on under the hood there.

Obviously, a lot of mindshare, but are they burning a ton of cash?

Where's the revenue coming from?

Those are disclosures that I think would be at least very interesting for us to cover.

When we come back, we are going to talk about tech earnings.

You're listening to Motley Fool Money.

Welcome back to Motley Fool Money.