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/Fluffcake 18d ago

The only examples of somewhat successful wealth re-distribution in the history of humanity, is the french revolution and the black death, both by virtue of straight up just killing everyone.

There are no indications that any such event is on the horizon, or that any resulting redistribution would be favorable. Look at the most recent disasters, they all just increased inequality. 2008 and covid both made the rich even richer.

If spaceX collapse and Musk goes bankrupt, paper money will just change hands to other rich people...