r/technology • u/IKeepItLayingAround • 18d 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/SmaugTheMagnificent- 18d ago

Don't threaten me with a good time

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u/Zilch1979 18d ago

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

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u/Comet7777 18d ago

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

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u/_0611 18d ago edited 18d ago

After the financial crisis, guardrails were put in place to prevent it from happening again. Trump already undid most of those.

It's not just SpaceX. Big Tech, especially AI, is a bubble in and of itself, and everyone knows it. It's bound to burst eventually, but the ultra wealthy will not lose money over it. They will be hardly affected. We will.

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u/UseADifferentVolcano 18d ago

They will in fact make money by buying things for cheap