2026-02-03 08:11:10

RE: https://techhub.social/@Techmeme/116003422672020580

I went: SURELY SpaceX doesn’t have 250B in cash, given how much it is presumably just burning building stuff?

Then: Oh, in STOCK?

And now I just don’t understand money any more.

Checking my facts: SpaceX made 8b profit last year! But sure it has huge investor debt to pay back.

Bonkers.