Oh yeah. They really are! I read some of the junk one “tech” CEO was feeding them about how their electric truck was a HTML5 supercomputer and that they were (a truck startup) going to roll their own silicon for… I don’t know, reasons. He raised billions for vapourware. Went to prison though.
SpaceX Gets Billions From the Government. It Gives Little to Nothing Back in Taxes.
Elon Musk’s rocket company relies on federal contracts, but years of losses have most likely let it avoid paying federal income taxes, according to internal company documents.
The article doesn’t really say much about what “AI-enabled” features the cars will even have in the attempt to attract new buyers,other than voice recognition to adjust the car’s temperature. That’s not exactly groundbreaking. Not only has voice recognition been around in vehicles for decades now, but most of us would prefer to have a simple knob to adjust temperature, which is faster and less annoying than having to make a verbal request.
When the Trump administration announced its overhaul of the Broadband Equity, Access, and Deployment (BEAD) program in March, estimates published by The Wall Street Journal suggested that SpaceX could receive $10 billion to $20 billion under the new rules. Musk clearly expected a big windfall; as we’ve written, SpaceX alleges that Virginia and Louisiana violated the Trump administration’s rules by allocating most of the money to fiber providers instead of Starlink’s satellite service.
In its letters to Virginia and Louisiana, SpaceX described fiber spending as a waste because Starlink is offering to serve virtually every grant-eligible home and business at a lower cost.
Gee, who would want physical, fast fiber connectivity when you can get all the downsides of satellite internet for just a little bit less?