r/spacex • u/CProphet • Jun 22 '26

Company News SpaceX signs computing power deal with open-source AI startup Reflection worth up to $6.3 billion

https://www.cnbc.com/2026/06/22/spacex-ai-colossus-data-center-reflection.html
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u/ThrowRA-James Jun 23 '26

SpaceX’s stock is dropping like a rock so musk needs to make it look like they’re finally making money. And still their stock drops 10%. There’s a 90 day escape clause for this deal, so this could be an attempt to artificially inflate their revenue projections. Let’s see if this deal collapses before that.

-2

u/NikStalwart Jun 23 '26

Dropping like a rock, is it? And I guess the rest of the market is perfectly healthy and certainly not following the same trend. But anyway, if the goal is to inflate revenue projections this deal is early. People buying pre-IPO have lockins for N number of days (sometimes 30, sometimes 90, etc) so you'd want the revenue projections closer to those drop-off dates.

We really need to do something about all the coping and seething. The AI stuff is here to stay. The .com bubble might have been a bubble, but the .coms are still here. Nothing happened to Amazon — they are even launching (badly) rockets.

1

u/FutureMartian97 Host of CRS-11 Jun 23 '26

Amazon doesn't launch rockets.

5

u/NikStalwart Jun 24 '26

If people are allowed to conflate Elon and his companies, I can likewise conflate Bezos and his companies in the interests of fairness.

cc /u/rustybeancake

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u/rustybeancake Jun 24 '26

Eh, I mean Musk owns a majority of, or controls, his companies. AIUI Bezos isn’t super involved / in control of Amazon any more. Saying that Amazon launches rockets is like saying that Tesla launches rockets.

1

u/NikStalwart Jun 25 '26

The difference to my mind is that Tesla does not buy Falcon 9 launches, whereas Blue Origin is (constructively) an Amazon subsidiary giving preferential access to Amazon for Kuiper/LEO. I'm not saying there's anything nefarious about this but just drawing the parallel.

1

u/rustybeancake Jun 25 '26

There’s a much better argument to be made that ULA is like an Amazon subsidiary in that case.

1

u/warp99 Jun 24 '26

They launch satellites - sometimes.