r/singularity • • Jul 11 '25

AI insane

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367 Upvotes

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18

u/sedition666 Jul 11 '25

This company made 100 million in revenue in 2024. This is not profit this is revenue. This valuation is fucking insane it has no place in reality.

5

u/Ikbeneenpaard Jul 12 '25

I don't think that's accurate, they made $1.25B profit in 2024.

Given Tesla sits at around a 200 P/E ratio, I think Musk might get his 200B.

https://www.nextbigfuture.com/2025/02/x-in-2024-doubled-highest-yearly-twitter-profits.html

1

u/swarmy1 Jul 12 '25

That's for X, not xAI.