I wonder if Elon wants to tangle all his businesses into SpaceX so they are all kept afloat by SpaceX's importance.
Tesla is clearly benefiting from protectionism and its sales would collapse if BYD were allowed to openly sell in the US. Most people just want affordable, maintainable and reliable cars.
Bill Ackman has proposed taking SpaceX public by merging it with his Pershing Square SPARC Holdings, distributing 0.5 Special Purpose Acquisition Rights (SPARs) to Tesla shareholders for each share held. Each SPAR would be exercisable for two shares of SpaceX, aimed at enabling a 100% common stock capitalization without traditional underwriting fees or dilutive warrants.
With SpaceX IPO set to be one of the biggest of all time, this could have a pretty gnarly financial engineering impact on both companies -- especially if the short interest (direct or through derivatives) remains large.
Going public would add a lot of hassle for little to no gain (and probably a negative of having to reveal their finances).
Was ignored on HN but here's an article explaining:
https://arstechnica.com/space/2025/12/after-years-of-resisti...
AI datacenters are bottlenecked by power, bandwidth, cooling, and maintenance. Ok sure maybe the Sun provides ample power, but if you are in LEO, you still have to deal with Earth's shadow, which means batteries, which means weight. Bandwidth you have via starlink, fine. But cooling in space is not trivial. And maintenance is out, unless they are also planning some kooky docking astromech satellite repair robot ecosystem.
Maybe the Olney's lesions are starting to take their toll.
Weirdest freaking timeline.
Cooling, on the other hand? No way in hell.
Space is actually really cold when the sun is blocked
So, solar panels on side, GPUs on the other, maybe with a big ass radiator ...