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In a blog post, Musk said the acquisition was warranted because global electricity demand for AI cannot be met with “terrestrial solutions,” and Silicon Valley will soon need to build data centers in space to power its AI ambitions.

This dumb fuck. Unfortunately, his boosters will be all-in on this messaging. Whatever.

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[-] Dead_or_Alive@lemmy.world 44 points 8 months ago

The government will not let SpaceX fail, it’s a strategic asset and Musk knows this. He is going to tie his Xai to it and saddle it with all the debt it is incurring. When the AI bubble pops he will be able to ask for bail outs to keep SpaceX afloat.

[-] mcv@lemmy.zip 42 points 8 months ago

Companies that are too big to fail and need a bail out, should be automatically nationalised.

[-] AnonKingfisher@lemmy.ca 9 points 8 months ago

"B-b-but that will stifle innovation!"

[-] mcv@lemmy.zip 8 points 8 months ago

It will most certainly stifle innovative ways to leech more profit while the taxpayer is left holding the bag.

Ah, who am I kidding? They'll find something new. It will just spark more innovation.

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this post was submitted on 03 Feb 2026
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