Andreas Cervenka on Elon Musk and the SpaceX IPO [...] https:// thoughts.pivic.com/andreas-cer venka-on-elon-musk-and-the-spacex-ipo
Andreas Cervenka, an economics journalist, has written about the upcoming SpaceX IPO, highlighting the company's immense valuation relative to its revenue. He contrasts SpaceX's valuation with that of Alphabet, noting that both companies' stock prices are driven more by future promises than current performance. Cervenka also touches on the potential for an AI bubble burst, citing concerns about AI investment costs and OpenAI's reported plans to lower prices to compete with Anthropic. AI
![Andreas Cervenka on Elon Musk and the SpaceX IPO [...] https:// thoughts.pivic.com/andreas-cer venka-on-elon-musk-and-the-spacex-ipo](https://cdn.fosstodon.org/cache/media_attachments/files/116/735/560/254/909/676/original/93875c33254ef4a5.jpg)
IMPACT Concerns about AI investment costs and competitive pricing may signal a shift in market expectations for AI profitability.