With ~$2.1B/month of GPU rental revenue, is xAI now profitable? Are all divisions of SpaceX now profitable?
Yes they should be profitable. If SpaceX maintains profitability for 12 months, they are eligible for SP 500 index inclusion, even under the old rules
Elon is pulling financial engineering black magic to make this happen.
Yes, but as Elon himself remarked, these are short term leases (90 day exit window), not guaranteed long term contracts.
Yes they should be profitable. If SpaceX maintains profitability for 12 months, they are eligible for SP 500 index inclusion, even under the old rules
Elon is pulling financial engineering black magic to make this happen.