Joe Stoner
speaker
30 appearances
2 recordings
1 series
first heard Jul 2026
last heard 5 Aug
Joe Stoner’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Aug 2026 with 1.
Appearances
Like other hyperscalers, SpaceX is spending huge amounts of money on building out its AI data center capacity and its AI operations more broadly.
Like other companies, it's still not clear how they're going to make money off of that.
Elon Musk has spoken about leasing data centers.
That's something that analysts respond to warmly.
But still, the figures are huge.
It's spending over $18 billion in the last quarter.
That's more than $5 billion ahead of market expectations.
Tomorrow, a whole load of SpaceX insiders are going to be allowed to sell their shares for the first time.
They've been in what's called a lookup period after the IPO earlier this year.
We've already seen the share price depress somewhat by fears that this wave of new supply will lead to lower prices.
And analysts want to look up volatility.
I think the feeling is they're not quite satisfied just yet.
A word I heard from an analyst at Quilter this morning was vague.
Listening to Mark Zuckerberg on his earnings call, another analyst at XTB flagged to me that in their reality labs division, that's where they have kind of wearable AI, they lost $4.4 billion in the last quarter.
It's not clear how that's going to turn into a profit.
Yes, there was a bit of a backslash.
amusement among analysts when those reports came out because on the one hand meta isn't a chip reseller it shouldn't be doing that as its main form of business so as it kind of thinks through what it's going to do and whether it's going to sell this computation there's a bit of encouragement and deutsche bank analysts have said that meta is lagging behind its competitors so it's
If it thinks that it can make more money in the long term by keeping its computation in-house, that's a good sign.
On the other hand, as you say, the stock market loved selling chips in the short term.
The sugar rush of it all, right?
Showing 1–20 of 30 · page 1 of 2
Next →