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birb_cromble  1mo ago (text post)   1266 thread views

Qeekly Finance Thread - 2026-09-12

A weekly thread to discuss financial matters - from personal all the way up to global.

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*Remember that we're all just Internet randos. Don't bet your life savings on a hot tip from this thread.

  • Keep culture war in the culture war thread. Yes, global events may impact our personal finances, but that does not mean we have to incessantly harp on culture war aspects here. If you are going to discuss it, please stick to the practical impacts of it on an individual level.
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  • Don't let the perfect be the enemy of the good. Better is better. Celebrate people when they take a step up and work to move their finances in the right direction. Don't flame out because they haven't followed what you consider the optimal path. Everybody has to start somewhere.
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Are you going to invest in Anthropic's purported $2T IPO?

I will wait for the S-1 to make any decisions, but my gut prediction is that I won't be touching it with a ten foot pole. All of the leaked data suggests shaky financials with fickle customers and costs that aren't entirely under their control. That sounds less like a high margin software company and more like an airline.

Fair! Just curious, how did you feel about SpaceX? their unprecedented shareholder restrictions? obviously not the same, but id like to hear your take.

I was mildly optimistic about SpaceX until the S-1 came out. The launch business has legs due to government contracts, but the xAI portion of the business is a giant pit in the ground where they set money on fire. At this point their financials suggests they're a data center REIT with delusions of grandeur. I'm not willing to make a long term bet on that. If the stock price drops to around $70 I'll reconsider, and I'd also do so if the AI portion of their company shows improvements. Until then I'm sitting on the sidelines.

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