The reported merger talks between SpaceX and xAI should not come as a huge surprise. If you believe AI is the future; and that compute is the major problem to solve; and orbital data centers are feasible—then the combined company would be a vertically integrated AI colossus.
YC Demo Day median dilution for small seed is 11% (top 25% is 7%), not 18% for non-YC
YC Demo Day median dilution for big seed is 13%, not 21% to 23% for non-YC
You do it all faster: YC funds you get pre-seed and in 4 months you have your seed, and you're off to the races, no BS, plus you get the network, the media, the community, and 1:1 partner support for the life of the co.
YC pays for itself and then some. There's nothing like it for founders.
(There's nothing like it for investors too, median MOIC is 5x for perennial investors at Demo Day, bottom quartile is 3.3x)
Excited to announce that @SpaceX@Starlink has achieved breakeven cash flow! Excellent work by a great team.
Starlink is also now a majority of all active satellites and will have launched a a majority of all satellites cumulatively from Earth by next year.