In a blog post, Musk said the acquisition was warranted because global electricity demand for AI cannot be met with “terrestrial solutions,” and Silicon Valley will soon need to build data centers in space to power its AI ambitions.
This dumb fuck. Unfortunately, his boosters will be all-in on this messaging. Whatever.
The contracts stay when the hype dies. By merging the two companies, Musk avoids the collapse of one. To make this work, he needs more government contracts - I see a lot of groveling and boot licking in his immediate future.
This capitalism looks and smells a lot like good old USSR style communism.