SpaceX is set to take on a hefty $40 billion loan to purchase Nvidia chips, a move that raises concerns about its credit risk, yet the company appears unfazed. Both SpaceX and Tesla have established special committees to examine the possibility of a merger. How appealing this prospect seems likely hinges on how much one believes Elon Musk’s vision of reaching Mars and “spreading the light of consciousness,” remarks he made during the recent SpaceX earnings call and earlier in the company’s S‑1 filing. A well‑informed observer would note that the technology—and even the fundamental data—required to sustain human life in space does not yet exist. For the full story, see The Verge.
