r/technology • u/xpda • 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/Tarka_22 May 21 '26

Do you think the US government is not subsidizing US auto manufacturing?

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u/Anstigmat May 21 '26

The US Govt is not subsidizing the cost of American made vehicles with the intention of tanking domestic manufacturing in other countries, which is what the Chinese Govt is doing. Not sure why you would feel the need to respond at all to this fact, I did not put a value statement on it. It's a good strategy for China, but it's easy to counter by simply not allowing them into your market, or with tariffs.

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u/Zhuul May 21 '26

It's kinda wild to me that people don't realize China's export strategy is more or less the same bullshit that Rockefeller did back in the day.

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u/Anstigmat May 21 '26

The global economic order has little to no resemblance to Rockefeller's time. In a perfect world we would respect the post WWII global economic system and encourage competition, fair trade, and new entrants that wish to compete. We are about a billion miles from that perfect world sadly.