#HPsCommentary
#AIEthics
(3/n)

...our forecast model,
#Elmo's #Grok is very much likely to have a public meltdown in the next quarter, possibly even as soon as the current one.

Considering the *insane* valuation, he's asking for in #SpaceX's #IPO, a whopping 100-130 p/e ratio (for comparison:

Nvidia: ~21x (despite 65% annual growth)
Tesla: ~16x
Microsoft: ~10x
Amazon: ~3.5x
S&P 500 average: 2–3x)

...and the fact that the "Grok company," #xAI, was recently merged with...