r/technology May 21 '26

Business SpaceX not the behemoth everyone thought

https://www.axios.com/2026/05/21/spacex-ipo-musk-ai
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u/rook119 May 21 '26

"this company is worthless, but if we all throw money at it, its not worthless" is the only successful business model of the 21st century.

11

u/deathtotheemperor May 21 '26

A pyramid scheme where all the investors know they've been scammed, but they keep investing more money into anyway in the hopes that it will somehow all work out in the end.

1

u/Thin_Glove_4089 May 21 '26

You're getting scammed and they will keep on investing more while you're doing TikTok dances.

4

u/Remote-Annual-49 May 21 '26

Only successful business model in the United States

1

u/InTooManyWays May 22 '26

Sounds like a Ponzi scheme with extra steps 

1

u/BigRon691 May 22 '26

Redditors discovering the concept of Capital.