When @elonmusk beams in virtually for a high-stakes fireside chat with JPMorgan Chase CEO Jamie Dimon, the conversation goes completely out of this world.
The discussion was packed with massive milestones—from the bombshell that SpaceX is going public to plans for lunar AI data centers and the urgent need for the Terafab chip revolution.
Here is the ultimate breakdown of their discussion:
💵 SpaceX has been self-funding and cash-flow positive for a decade
Before the decision to go public, SpaceX didn't actually need to raise money to survive. The company has been cash-flow positive since around 2014–2015, meaning its private equity rounds were exclusively held to provide liquidity for employees and early investors.
"We've been positive cash flow for quite a long time, I think, since around 2014-2015. And we've been self-funding. In fact, in our sort of private equity rounds, they actually have not aradchenko1
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From Anatoly Прямой эфир из нашей глобальной штаб-квартиры: Джейми Даймон и Илон Маск обсуждают SpaceX и многое другое. https://t.co/WQfJ3j8atX jpmorgan
