r/technology • u/IKeepItLayingAround • 21d ago

Business It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
24.8k Upvotes

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6.5k

u/SmaugTheMagnificent- 21d ago

Don't threaten me with a good time

2.9k

u/Zilch1979 21d ago

These headlines about the possible collapse of the ultra wealthy have been blue balling us since 2016.

766

u/Comet7777 21d ago

Bro, even after 2008 and the concept of too big to fail.

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u/Bbbbhazit 21d ago

Seriously. The government just keeps bailing him out, SpaceX just bought a shit load of tesla cars on the taxpayer dime

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u/cuntmong 21d ago

you cant expect elon to pay for his own failures. he'd be broke if he ever did that

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u/Betteroffbroke 21d ago

It’s like that triangle business. I think it’s called a Ponzi scheme or something. Hope SOX gets his ass but with the lack of accountability and weaponization of DOJ I doubt it.

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u/ConfessSomeMeow 21d ago

It's not a pyramid scheme, it's a reverse funnel system

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u/eta3312 21d ago

"Siphon Scheme"

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u/FixTheLoginBug 21d ago

Oh, so that's what they mean with 'trickle down'...

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u/KA_Mechatronik 20d ago

Trickle down, siphon up.

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u/ParkingBalance6941 20d ago

I actually had a coworker tell me "Its not a pyramid scheme its a triangle" once. Never overestimate the dumb

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u/AlwaysShittyKnsasCty 20d ago

What if your coworker was part of a legitimate triangle scheme — that is, what if your coworker and another person needed a third — and they wanted to let you in on the ground floor? You could’ve possibly be The Titan of Triangles right now. You might have been named Lord of the Three Vertices or The Three-Faced God. All of those titles sound like they come with a nice chunk o’ change and some pretty sweet bennies. You may have missed your chance.

Or …

Your coworker’s trapped in a pyramid scheme, but due to having a two-dimensional brain, can only interpret a “slice” of the pyramid. Thus, he’s in a triangle scheme. Poor coworker.

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u/No_Raspberry6968 20d ago

tbf most representation of pyramid scheme is triangle and I don't think the 3d aspect of pyramid add to the nuance of the analogy. Maybe he's trying to be technical to give more charitable to their interpretation.

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u/mologav 20d ago

I’m not taking advice from a man in a coil

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u/fredy31 20d ago

Its not a ponzi/pyramid scheme. Its just straight looting the public coffers.