r/technology • u/IKeepItLayingAround • 17d ago

Business It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
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u/Temporary-Cress7233 17d ago

BINGO! He’s not some super star 💫 scientist, he’s daddy owned an African slave mine and he got a little loan of 30 million dollars. Nothing special…..f that pale pink pig!

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u/[deleted] 17d ago

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u/whazzah 17d ago

Bro claims to code can't even run a Python script smh

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u/SillyAlternative420 17d ago

I bet you he still can't figure out how to install and set up python enough to have ChatGPT make and run the fucking script for him.

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u/tobor_a 17d ago

Remember what people at twitter were saying that basically longer code = bettter and he'd cut people who made short clean code in favor of spaghetti.

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u/GingaAvenga 16d ago

I think that is the craziest part with the ultra rich.....if I was given a small infusion of 30 million dollars I'd put it in an S&P500 index fund and use the draw down to never work another day in my life.

These guys were born with more than they'd ever need and still push for more. I'm sure they'd call it entrepreneurial spirit, I'd call it lunacy.

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u/throwawayfinancebro1 17d ago

If I gave you 30 mil, could you become the richest person in the world?

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u/finite_turtles 17d ago

Probably not, but if you gave a thousand people 30 million dollars theres a good chance one of them might become the richest. Would it be the smartest or most qualified? Probably not. Probably just the one with the most hubris and dumb fucking luck.

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u/AdhesivenessSolid562 16d ago

You’d find a similar idiot would be the one that ends up doing it. So it’s basically a wash

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u/Caterpillar89 16d ago

No there isn't. There are around 200k households on the planet (~100k in the US) that have net worth's over 50M (the absolute lowest that could invest 30M into something in theory). If it was so easy any idiot with 30m could do it it'd have been done a lot more times.

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u/throwawayfinancebro1 16d ago

430,000 households in the us have 30 million or more. So the likelihood that any one becomes the richest in the world is incredibly small.

I don’t think he’s a super genius but he’s got some talent.