SpaceX, Elon Musk's rocket and AI company, presents potential for investors. But its futuristic, unproven plans also carry significant financial risks.
  • bacon_pdp@lemmy.world
    2·
    10 hours ago

    Only peril. If you actually do all the math, there is not a single money making segment in that company. Stockholders are not charities and expect positive returns on investment. SpaceX is only able to produce negative returns.

    • Zulu@lemmy.world
      2·
      8 hours ago

      I believe the satellite business does, its just that the rockets and ai do so bad that its vastly outweighing those profits.

      So everyone using starlink is propping it up, mostly governments and military of course.

    • CADmonkey@lemmy.world
      1·
      7 hours ago

      It jumped way up the day of the IPO, since then it’s been trending down… I made some money and then sold because paper hands or whatever the kids say now.