“There has never been a trillion-dollar revenue business, and we may have two of them in the next 5-10 years.”
Business & funding
Pricing, margins, valuations and the capital cycle.
“has emerged as a significant business with a revenue run rate in the tens of billions of dollars and is now profitable in its own right”
“We’re going to invest to continue being the leader. We can fund this plan, and I think it will forever change the size of Amazon. It will forever change our revenue.”
“To build on our momentum, now is the right time to consolidate our geographies for greater impact”
“As much as I love BlueChip, if I was just a normal consumer making a rational decision without a kind of patriotic basis, I’d be better off buying a Dell laptop than an Anduril laptop…”
“In a post on X, the CEO of SpaceX wrote debt markets have mostly stopped lending to companies without sizable revenue beyond AI data centers.”
“SpaceX is not buying any neoclouds. Pointless.”
“Musk also said that debt markets have largely shut off access to financing for companies without substantial revenue outside AI data centers.”
“Next year, I will give one of my SpaceX shares to every kid in America.”
“I would still say somehow Elon or Steve Jobs are way better for society than Tim Cook.”
“OpenAI CEO Sam Altman has told his employees that now is not the right time for the company to go public, but it's still targeting an IPO in 2027.”
“he told board members in September that if they couldn’t reach an agreement, he’d list his Palo Alto property for sale, potentially kicking off a media firestorm”
“On Meta's third-quarter earnings call, Zuckerberg was optimistic that Meta's AI and hardware investments could soon become cash cows, as people shop through Muse and buy more virtual-realit…”
“There’s a lot of merit to combining SpaceX and Tesla.”
“He would not support a significant equity financing that would have the effect of reducing his voting power in the Company.”
“There'd been a conscious decision not to release that. And it was obviously in retrospect, probably the wrong decision, but you can sort of see.”
“Zuckerberg had told the committee he was considering moving in response to a proposed California billionaire tax.”
“As a result, Musk believes the SI business could catapult SpaceX's annualized revenue to somewhere between $500 billion and $1 trillion by the end of 2027.”
“On the earnings call, CEO Elon Musk said a merger with Tesla, his automaker, would be a "good idea," adding that the boards of both companies have formed special committees to discuss a…”
“Between infrastructure, cloud deals and paying users of the Grok AI models and products, Musk said on the call that annual recurring revenue by the end of next year will be between $500…”