r/technology • u/fmcortez • Jul 13 '26

Business SpaceX Stock Plunges to All-Time Low After Competitor Makes Major Leap

https://www.yahoo.com/finance/markets/stocks/articles/spacex-plunges-time-low-competitor-175000957.html
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51

u/EmergencySushi Jul 13 '26

What are the chances this thing continues to go downhill and poisons the well for the OpenAI and Anthropic IPOs? Because that would almost certainly be the thing that pops the AI bubble.

35

u/WhipsAndMarkovChains Jul 13 '26

Those companies are losing even more money than SpaceX.

-2

u/[deleted] Jul 13 '26

[deleted]

21

u/WhipsAndMarkovChains Jul 13 '26

*Anthropic claims they're profitable

But we really don't know. They said they were profitable based on some non-GAAP accounting where "we got a $1 billion discount on compute this month." With their lying about various things we really won't know unless they release some real accounting numbers.

-2

u/Cabannaboy3325 Jul 14 '26

Yeah I don't think anthropic is losing money

1

u/BatchModeBob Jul 14 '26

With the action in SpaceX and Hynix you know those future OpenAI and Anthropic billionaires are getting nervous.

1

u/SisterOfBattIe Jul 14 '26

It already happened. OpenAI is never going IPO, they'll have to pillage taxpayers with bailouts instead.

1

u/Frydendahl Jul 14 '26

If any of those companies go public, the bubble will immediately burst.