openai ipo leaks ~$13b revenue ~$34b spend ~-$39b losses the paradox - revenue exploding - losses exploding faster both true at once what’s happening - chatgpt share drops to ~46% - claude + others gaining ground - competition is real now why markets don’t care (yet) - ai is being priced like infrastructure - not software margins - growth > profitability spacex effect spacex ipo showed markets still reward: - deep tech - high burn - strategic dominance narratives even with losses so the real question isn’t: “is openai gonna profitable?” it’s: “does anyone else get to win this category?”

@basedXBT love watching them lose money

@basedXBT Whats the breaking point for investors?

@basedXBT I dont trust that Clown

@basedXBT The biggest risk to OpenAI may not be losses. It's competition catching up.

@basedXBT Why the losses?

@basedXBT is it the same for their competitors or just them?

@basedXBT you forget to add "paid partnership" tag legend

@basedXBT why so many complications?

@basedXBT ai is wild though

@basedXBT SpaceX win

@basedXBT damn theyre losing money faster than i can refresh my feed lol still all in on the ai hype tho

@basedXBT because the hard part was never valuations, it's justifying such massive expenses with actual results, which openai isn't delivering yet

@basedXBT Crypto will surpass AI gains

@basedXBT openai leading the way

@basedXBT OpenAI: we lost $39B but at least we have vibes Markets: infrastructure narrative $200B+ valuation, send it

@basedXBT OpenAI losses grow faster than revenue.

@basedXBT Same for Anthropic they holding like 35billy in structured debt off-balance sheet. Compute is killing the PnL chart. Models goong pay per use soon

@basedXBT Will dive into this

@basedXBT Markets favor growth over profit now. Wild ride ahead.

@basedXBT if these numbers are even close, burn rate is insane

@basedXBT Growth over profit always