I would be surprised if these would be long term investments - I think most are ...

		not_your_vase 5 months ago \| parent \| context \| favorite \| on: XAI seeks up to $200B valuation in next fundraisin... I would be surprised if these would be long term investments - I think most are going for a quick buck. With Elon companies investors hope that the market will behave just as irrationally as with Tesla. With other companies they hope that they will be bought up by bigtech.

These companies are burning cash. There’s no play but a long one.