50%
1/2 resolved calls right
3 scored · avg 30
◆ 4 sources
4
companies · 15 data points
What's going to happen is it'll do simple tasks in a, in the factory, which is a huge advantage for training data, learn that. And if I had to bet, I would say three years, two, three years. I don't think it's five.
The Social Security system will go bankrupt by 2037.
What happened: The claim predicts a Social Security bankruptcy by 2037, a future date that has not yet occurred, so the prediction cannot be verified or refuted as of now.
Verify at source ↗xAI will become the most valuable company in the AI/LLM space.
What happened: xAI has not become the most valuable AI/LLM company; other firms such as OpenAI, Anthropic, and Cohere hold higher valuations.
Verify at source ↗It will take SpaceX at least 2-3 months to rebuild the launch pad and get another Starship vehicle back on for testing.
What happened: SpaceX rebuilt the damaged launch pad and had a new Starship vehicle ready for launch within roughly three months, matching the predicted 2‑3‑month timeframe.
Verify at source ↗at Twitter, there were financial statements that we could actually, there was an audit financial statement and they were basically, you know, they were in some ways correct. I would say, you know, there were some issues with the, with the user growth and dollars, et cetera, and the incentive plans. But the actual, like, you know, the casual numbers were pretty much correct.
And my Lord, the waste, fraud and abuse at that company was shocking. They had buildings that were a hundred dollars a square foot, if I remember correctly, that were used for storage of the furniture from the previous building that had been upgraded. And we're storing them in class A office space. You reference the commissary. 20 people were having lunch a day, but they had never ratcheted down the amount of food they were making. So each meal was about $800 on average.
What's going to happen is it'll do simple tasks in a, in the factory, which is a huge advantage for training data, learn that. And if I had to bet, I would say three years, two, three years. I don't think it's five.
it is a step function change. It's not like a small change. It's an enormous change
it'll take at least two or three months to really get the pad rebuilt and get another vehicle back on for testing, maybe longer.
This was a huge win. I mean, it was an enormous win for the company, an enormous win for the country, just getting it off the pad and collecting the data. And now we know it works.
this vehicle will get to orbit. And this is the vehicle that's going to take us to Mars.
Apple's the first stock I ever bought. I was 12 years old. My mom actually went to Oakham Bank and bought me a few shares of Apple. I still have it in my account to remind me what it takes to build a company. Steve Jobs dies, terrible. And then, you know, Tim Cook takes over. Tim Cook's the supply chain guy. I mean, they've really optimized profitability. It's unbelievable the, you know, $2 trillion market cap or something now. But man, when's the last time they need a new product?
SpaceX is an end of one. If you compare that to someone making an electric vehicle that, say, an electric airplane or electric VTOL, that will not be an end of one. It will be an end of many and an end of many business you're ultimately going to have margin competition that's going to make it that return on capital goes down to basic industrial margins. You know, like it won't be that much better than Boeing's ROIC or Airbus's ROIC because those will be ultimate competitors.
in a company like SpaceX? A lot of capital is going in but we know that if it works and we believe it will work, we're ultimately going to have a company that has tremendous margins even in the industrial sector because of the industry structure it's in. It lives in an oligopoly inside the U.S. and outside the U.S. So it's like in Building Starlink, same thing, capital going in but we know that the margins and the profitability of that business on the back end will be very, very high and so the
we may never find something that's as important as to how it's SpaceX again,
look we at Tesla took over this Fremont factory was a former GM Toyota factory and you know we retooled it it was look it would have been we had to do it because we didn't have any money and it was free basically but if you if you took that approach and you got the you got really great entrepreneurs to focus on this problem through an industrial policy they need money to do it I think you'd get great innovation
Tesla was truly, I think, truly existential
we doubled down at the time in Tesla. We put more money in Tesla than we were in the financial crisis and then helped lead a convert round there that was really tough for us to do
we decided to focus on Tesla because, first, we really did believe in Elon, when most people didn't. And we saw in him something very special... What he is doing is really trying to bend the arc of humanity for all of us because he really cares. And that came through to us, and we wanted to be on that mission with him.