SpaceX Forecasted to Burn $350B by 2030

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I think they will have the revenue for this, and also - it is on par with the capital expenditures of the railroad industry in the 19th century in today's dollars. Given what they trying to do, it makes sense.

This makes no sense. Railroads were the core infrastructure and collected tolls from the economy. And at least one third of railroad companies went bankrupt in the 1890...

SpaceX is a company supposedly that would burn this while its "AI revenue" comes from renting broken compute, [1] to the people actually leading AI.

That is like BMW renting its factories to Toyota and then bragging that BMW is about to dominate the auto industry.

[1] - https://thenextweb.com/news/spacex-colossus-1-technical-prob...

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