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SpaceX’s Star Trek Budget vs History
Description
Elon Musk is betting big on SpaceX’s cosmic ambitions, comparing its trillion-dollar spending plans to the historic Union Pacific railroad—despite questionable parallels and SpaceX’s current lack of profitability. With an eye on orbital data centers and a Mars colony, Musk’s vision demands unprecedented capital, already pushing for a $20 billion bond raise and aiming for $700 billion in annual spending by 2031. While SpaceX boasts investment-grade ratings and plans to avoid future stock sales, skeptics question whether debt alone can sustain such a massive build-out—especially as AI giants also race to raise billions. The gamble? Making “Star Trek real” may require more than just rockets—it might need a miracle.
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