Elon Musk's unusual business moves raise questions about SpaceX's $2 trillion IPO valuation
By
Nick Hilden
The bagel they save for the regulars. Don't skim, savour.
Summary
Elon Musk is making unusual business decisions ahead of SpaceX's public offering, including partnering with Anthropic (an AI company he previously called "evil") by leasing it available resources. These moves appear aimed at generating hype to justify SpaceX's reported $2 trillion IPO valuation, which some observers describe as "insane." The article, based on Gizmodo reporting, suggests Musk is scrambling to build momentum around his business ventures before the stock market debut.
Key quotes
· 2 pulledMusk appears to be preparing to shuffle a high-profile brand in and out of Starlink's orbit as part of a wider effort to generate hype around his business
Musk announced he was teaming up with the AI company Anthropic — which he had previously called 'evil'
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