xAI has such a shitty AI, that he makes more profit renting his Compute instead of making profit directly from it as the companies doing who have better AI then him.

Space-X is a limited business and he tries to make it unlimited by selling stories of Mars and dyson spheres (literaly), no one will ever finance or need as long as we have still desserts everywhere. In parallel his Starlink business gets competition left and right and despite this, he only has 10 Million customers AND increased prices for STarlink just last month or so.

And the payload, most payload increase is only Starlink. He has to sell us a story, that suddenly even with Starship, he can send so much payload up there to make Space-X this mega trillion company.

He can't even scale Starlink. Its expensive. The satelites work for 5 years and have limited capacity. He NEEDS Spaceship to be able to send up Starlink Server v3 and he hasn't even prooven he can get his ship back which he needs for the payload price.

Twitter/X? Yeah he tanked that one.

Optimus? When did you see the latest non faked demo? And while he works on it, we already have the market cornered here.

Quite the abstraction.

So yes, ridiculous things like that happen and markets are very often not rational at all (short and medium term at least).

Nortel, Sun, AOL, Cisco were all very innovative and rapidly growing companies. Until reality kicked in.