SpaceX Is A 'Money Furnace,' Former Hedge Fund Manager Says As Filing Reveals $4.3 Billion Quarterly Loss
View original at finance.yahoo.comSpaceX Is A 'Money Furnace,' Former Hedge Fund Manager Says As Filing Reveals $4.3 Billion Quarterly Loss Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below…
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SpaceX has lost approximately $37 billion since inception
60% confidenceThere is a 94% probability of SpaceX completing its stock market listing in June 2026
60% confidenceSpaceX's valuation is the most extreme of any company imaginable, exceeding even Nvidia's despite Nvidia being hugely profitable with massive margins while SpaceX is not profitable
60% confidenceSpaceX is a 'money furnace'
60% confidenceSpaceX plans to build solar-powered data centers in orbit to sidestep terrestrial power and cooling constraints
60% confidenceAnthropic has agreed to pay SpaceX approximately $1.25 billion a month to rent capacity at its Colossus data centers through 2029
60% confidenceSpaceX's plans for solar-powered data centers in orbit make it look more like a science experiment than a business
60% confidenceThere is an 87% probability that SpaceX will deliver 2026's biggest IPO
60% confidence