Billionaire Gina Rinehart makes ‘significant investment’ in Elon Musk’s SpaceX
http://www.theguardian.com/australia-news/2026/jun/15/gina-rinehart-invests-elon-musks-spacex
http://www.theguardian.com/australia-news/2026/jun/15/gina-rinehart-invests-elon-musks-spacex
4 Comments
UnfortunateShort@lemmy.world · 3 pts · 87d
Funfact: Despite SpaceX quite literally burning billions, OpenAI and Anthropic are even less profitable than them.
Not that either are profitable at all, I mean 'more profitable' as in 'less unprofitable'. Just in case anyone on this planet still expects these companies to make any money.
EvilBit@lemmy.world · 3 pts · 87d
Yes, but what about the stock price????
Seriously, at this point if it wasn’t for market manipulation, there wouldn’t be any stock market at all.
JIMINY_CRICKET@lemmy.ml · 1 pts · 87d
Wtf lol, not a good comparison when SpaceX is Xai/grok + xitter + starlink. He merged them because xAI is the worst performing AI company and needs capital to survive
Actual funfact, Anthropic is on track to go profitable next year, meanwhile OpenAI and xAI are projected to keep making huge losses for years.
UnfortunateShort@lemmy.world · 1 pts · 86d
Maybe they end up being profitable, but they need to be extreme profitable over a long time to make up for tens of billions of dollars invested in data centers