I think a lot of people will brush it off what ever happens with SpaceX because Xai is the weakest of the big model providers. I don’t think we’ll even get to the openAI IPO. I think the S1 or IPO from anthropic will be the real kicker, because they’re the darling at the moment. The one that seems to have the most momentum and business customers.
If their S1 turns out to be utter dog water and/or their IPO flops, that’s when the real panic comes. When people say “oh crap, these GPU data centers don’t have customers that can make money”, and that narrative will hit all the people building data center and all the people selling hardware to them. Amazon, Google, Microsoft, Nvidia, that’s like… what, 25% of the S&P 500? That seems like a big enough hit to catch a lot of other stuff in the blast radius.
I think a lot of people will brush it off what ever happens with SpaceX because Xai is the weakest of the big model providers. I don’t think we’ll even get to the openAI IPO. I think the S1 or IPO from anthropic will be the real kicker, because they’re the darling at the moment. The one that seems to have the most momentum and business customers.
If their S1 turns out to be utter dog water and/or their IPO flops, that’s when the real panic comes. When people say “oh crap, these GPU data centers don’t have customers that can make money”, and that narrative will hit all the people building data center and all the people selling hardware to them. Amazon, Google, Microsoft, Nvidia, that’s like… what, 25% of the S&P 500? That seems like a big enough hit to catch a lot of other stuff in the blast radius.