Moonshot Archives

Internal pre-Starlink SpaceX financials show big spending on moonshot bets

April 12, 2024 mpsingh No Comments Technology bets, big, financials, Internal, Moonshot, preStarlink, show, SpaceX, spending

Confidential financial statements from SpaceX for 2018 and 2019 capture an early glimpse at the degree to which the company is likely dependent on its Starlink business unit, and bringing the Starship rocket online, to become cash flow positive. While the comprehensive balance sheets are five years old, they provide an intimate look inside the [...]read moreInternal pre-Starlink SpaceX financials show big spending on moonshot bets

China’s Moonshot AI zooms to $2.5B valuation, raising $1B for an LLM focused on long context

The race to build the next big large language model is on, and now a contender out of China has reportedly banked a major round of funding to catapult it to the front of the pack. Moonshot AI, an artificial intelligence startup founded less than a year ago building LLMs that can handle long inputs [...]read more