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[-] gnutrino@programming.dev 4 points 12 hours ago* (last edited 4 hours ago)

This isn't space based, this is traditional data center capacity that spacex acquired when it bought xAI. Although given the inclusion of a no-penalty termination clause if the required capacity isn't provided a cynic might suspect that Elon is just juicing expected revenues ahead of the IPO and that these contracts will quietly be discarded when the promised compute doesn't materialise...

[-] adarza@piefed.ca 4 points 12 hours ago

cynic might suspect that Elon is just juicing expected revenues

given his reputation, previous actions, and thirst for even more wealth... anyone with more than three brain cells should see the scam being set up.

[-] OwOarchist@pawb.social 2 points 11 hours ago

I should really buy some puts on those IPOs... They are going to plummet so hard.

[-] gnutrino@programming.dev 3 points 5 hours ago

I'd be wary of that given the detachment from reality of the TSLA share price. The market can stay irrational longer than you can stay solvent and all that.

[-] swab148@lemmy.dbzer0.com 2 points 11 hours ago

Can you trade options on a stock pre-IPO? I'd imagine those would be expensive af, but I've been out of that game for some time

[-] OwOarchist@pawb.social 2 points 10 hours ago

Unfortunately not, I think. At least not for us mere mortals.

I'd have to wait until it's already being traded.

[-] swab148@lemmy.dbzer0.com 2 points 9 hours ago

Sadge. Probably for the best though, if Tesla is any indication, this one will stay overvalued for no good reason, long enough to put off quick shorts anyways.

[-] NotMyOldRedditName@lemmy.world 2 points 12 hours ago* (last edited 12 hours ago)

I wouldn't be surprised if he cancels all the contracts the first day possible after the IPO. He does have compute though, xAI built 2 huge data centres

[-] gnutrino@programming.dev 1 points 5 hours ago* (last edited 5 hours ago)

Sure, the question is does he have $2.17b/month worth of spare compute to cover this + the Anthropic deal after whatever compute grok is using is accounted for

this post was submitted on 06 Jun 2026
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