Besides now paying 60 billion for a fork of VSCode, it seems SpaceX meme stock style money raised from the IPO, is all gone in one week :-)
IPO proceeds after greenshoe: $85.7B
Major disclosed cash / debt-related commitments:
- Take out Bridge loan tied to X/xAI debt repayment: $20.0B
- Take out EchoStar debt payoff / cash component: up to $8.5B
- Take out EchoStar debt-service funding: up to $3.0B
- Take out AI infrastructure lease commitments: $20.2B
Subtotal of major disclosed commitments: $51.7B
Rough remaining cash before other costs :-)): $34.0B
Lets now talk about buying Tesla, doing Quantum and building a Dyson Sphere and do another round?
They are paying for the installed based. The users mainly. And also the team.
Looking at the comments on this thread, those users/installed base will be gone by the afternoon...