Paresh Devay

Elon kind of just wants to be first.

We know that he has an ego.

We know that he cares about beating Sam Altman, beating Jeff Bezos, and those AI companies thinking about going public.

And so Elon could take XAI public, but it's not really prepared to do so.

And so that leaves SpaceX as sort of the next Elon company that is in a good position now to potentially go public.

Yes, it's a serious science experiment, and it requires lots of money.

And so raising $30 billion in an IPO would help, you know, fund that science experiment.

But

Running data centers, having servers, chips in space runs into probably the same problem that you have putting them underwater, which is how do you do maintenance?

It is not easy.

And we know these chips don't always last long or they're high failure rates.

And it's not easy to fly into space right now and fix those servers.

As we know, it would be a slow crawl to fix things.

Yeah, normally you go public to sort of

build credibility with your customers.

Sometimes potential customers are skeptical that you're going to be around, and being public gives them a sense of like, okay, you're legit, you're around, and it gives them some numbers, opens the books a bit to potential customers as well.

Or you go public so employees can sell their shares and get rich.

In this case, it's more about who else is going to fund these ventures?

Can you just keep raising the same money from the same investors?

Yes, probably.