> I just can't, can't wait until this whole Musk fugazzi finally blows up.
Be careful what you wish for. The collateral damage would be mind boggling.
> I just can't, can't wait until this whole Musk fugazzi finally blows up.
Be careful what you wish for. The collateral damage would be mind boggling.
Spacex is not too big to fail.
Yes but only if its added before the index funds. Let's just hope that the nasdaq and the other markets just don't take spacex (Nasdaq is literally bending its rules to accodomate SpaceX)
The worst thing is that we don't even have a say in all of this and chances are most likely that its gonna IPO and get listed on the index funds soon and once it gets into Index funds, a lot of collateral damage might happen.
I must say that I am not quite optimistic about there not existing collateral damage, there is happening a lot of corruption within financial markets in general with bending laws. The worst part is that we all would/might be the most impacted by it all
So be it. What's the alternative ? Continue a bubble ? Ride on the 'FSD by the end of the year' or 'thousands of Optimus next year' for the next 10 years ?
The guys is openly lying and clearly a drug addict at this point and people think he's not cooking the books ?
Musk empire will end up being a much bigger scandal than Enron ever was. It's just a matter of time until it unfolds.
SpaceX and Tesla are different companies, fyi.
I know. They are very closely collaborating and are part of the same 'empire'. They will also go down together.
The idea that 100s of global pension funds don't do their due diligence when investing 100s of millions or billions of their members' future retirement funds is extremely naive. With sincerity, I hope you can find a way not to be so emotional about what Musk says and be more grounded in what his companies and their employees are doing.
Have you ever heard of a Mortgage Backed Security?
or Bespoke Tranche Opportunity, they don't say CDO any more. I mean, it's the same thing, but still.
Investing in SpaceX is one thing. Investing in SpaceX that is now merged with several other failed companies that each incur massive yearly additional losses.... let's see how long those funds still hold SpaceX.
Isn't xAI profitable after leasing out its DCs to Anthropic?
>The collateral damage would be mind boggling.
Nah.
Nothing critical is running on top of any of SpaceXAI's offerings.
Arguably Ukraine is still alive because of StarLink.
Granted, Russia is trying hard to make every mistake in the book, but StarLink’s benefits for UA and cutting off RU units from StarLink was very advantageous this year.
NASA mostly runs on SpaceX, so it depends if you consider ISS to be critical. But I wouldn't say it would be mind boggling.
Cool, nationalise SpaceX, reintegrate its costs into NASA, done.
The US would never let its access to space be cut off.
The US actually did just that when it retired the shuttle program. We had to rely on Russia to get to the space station.
Watch lmao.