• BastingChemina@slrpnk.net
    link
    fedilink
    English
    arrow-up
    28
    arrow-down
    1
    ·
    edit-2
    2 days ago

    It’s not even a surprise, this is from SpaceX s-1 document: only 7% of their estimated valuation is from Space related activities

    • Redjard@reddthat.com
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 day ago

      Is “Enterprise Applications” like shooting datacenters into space, or copilot business edition?
      I think the “Space-Enabled Solutions” part sounds more like designing satellites than the space-launch business.

      • AA5B@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        arrow-down
        2
        ·
        edit-2
        1 day ago

        They bought Cursor for AI. Earlier this year cursor switched to pay per use model, so now every engineer is spending dozens to hundreds of AI Bucks. I don’t think Cursor is profitable on that yet, but I imagine xAI are looking to scale that model, both to turn Grok into something that earns an income, and to scale up to profit despite cost of datacenters/training.

        I’m skeptical there is really a profitable market, but it might be the most grounded of his predictions. The technology exists, the business model is successful at a small scale, so they just need to scale

        • WhyJiffie@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          5
          ·
          1 day ago

          The technology exists, the business model is successful at a small scale, so they just need to scale

          could you provide details on that?

          • AA5B@lemmy.world
            link
            fedilink
            English
            arrow-up
            2
            arrow-down
            1
            ·
            1 day ago

            You could probably research the company but from my direct experience

            • Cursor is one of the stronger contenders for coding - bringing a variety of models to tools where coders are.
            • Cursor switched to pay per use, significantly increasing costs and didn’t lose customers
            • cursor charged more for higher end models and didn’t lose customers
            • grok is not currently there, or at least not what I can see, so is a huge gap from an xAI perspective
            • it seems good enough business model to business people to be worth a huge purchase

            Once grok is added to Cursor, I will just have it, along with a variety of other models, and can simply choose it based on cost and effectiveness. It may even be chosen for me since I usually leave it in automatic, and my company is a paying customer where each engineer spends a budget

            Also it’s more like a subscription. Software companies love a subscription model with regular income, rather than selling something you pay for once