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Love to take cash from my one unprofitable company that can still raise capital for some reason and pump it into my other, obscenely unprofitable company that cannot raise capital without paying credit card APR. No one will ever see through this delightfully clever ruse!

probably relevant that in 2016 SpaceX took a bunch of money from up front government contracts and then jammed it into unsecured Solar City debt that the market had rejected, which probably would have landed Musk in prison had Tesla not bailed out SolarCity

He is essentially taking the real crown jewel of Musk Inc and putting it on the edge of ruin to pay for 2-4 months of bills for data centers that will triangulate how to make AI super racist without just copy pasting from 4Chan. Amazing stuff

best case scenario for SpaceX is that it is generating something like 500 million in annual EBITDA-- and certainly unprofitable on net income. That's like 4 years of non GAAP operating profits to attempt to make Grok generate Richard Haniana style screeds for Catturd2 to share. Amazing

The real intrigue here is that it is either really close to the end of the line for Musk Inc and he's taking insanely big risks to try to pull another miracle off or it's that SpaceX's Starlink launch cadence is about to plummet. Delicious