GOOG News
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GOOG shares are up circa 6% in PM to an ATH of $293 due to Berkshire Hathaway disclosing a 4-5B investment. Nice to see the stock make gains however it's not particularly rational is it. Berkshire buying the stock is not an exciting event which has much meaning. What do they know. They've ignored the stock for 20 years and now think it's cheap-maybe, but they hardly have a great tech driven record.
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I was reading about the Space X capital raise at a $800B valuation and they intend to take the company public some time next year at a 1-1.5T valuation based on starlink. Alphabet took a large stake in Space X 10 years ago acquiring somewhere between 7-7.5% equity for only $900M-a little known fact . Todays's valuation puts that at $56B and the IPO could push that to closer to 80-100B. We will see in February when they report just how much unrealised gain they book on the mark to market. Probably 25-30B gain!
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Musk now talking about putting data centres in space! That would be a game changer.
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Musk now talking about putting data centres in space! That would be a game changer.
@Coopersale said in GOOG News:
Musk now talking about putting data centres in space! That would be a game changer.
He is obsessed with space.
TBH, more DCs in Iceland would be good enough: low energy cost, simple cooling. Much easier to get the h/w built
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It's mostly science fiction due to the costs today but it's good to push the boundaries of what is possible-after all, it's how we get there, you have to start somewhere. The next big thing will likely be deployment of humanoid robots at scale within the next 24 months and in terms of usable AI 'autonomous execution' where you set a task and it completes it without additional prompts.
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Sorry meant to post this with my comment above.
https://x.com/elonmusk/status/2000603814249079165?s=61&t=iHaQYNHaXHYa5fzY9gX_Vw -
Sorry meant to post this with my comment above.
https://x.com/elonmusk/status/2000603814249079165?s=61&t=iHaQYNHaXHYa5fzY9gX_Vw@Coopersale said in GOOG News:
Sorry meant to post this with my comment above.
https://x.com/elonmusk/status/2000603814249079165?s=61&t=iHaQYNHaXHYa5fzY9gX_VwI can see the logic in that. It'll also end the moaning from the MMGW types as it won't release any gases on earth.
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You have to hand it to Musk-he's a master marketer- it won't be long and he'll set up a real estate agency selling plots for sale on Mars-
