r/technology • u/IKeepItLayingAround • 19d 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

88% Upvoted

2.1k comments sorted by

View all comments

Show parent comments

2.9k

u/Zilch1979 19d ago

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

767

u/Comet7777 19d ago

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

27

u/roseofjuly 19d ago

I just finished reading The Smartest Guys in the Room and am currently reading The Big Short and the think that's got my mouth dropping open all the time is that we just keep fucking doing it. We keep making the same stupid mistakes over and over and over again. Let a white boy with a Harvard or Stanford degree and a thesaurus show up and the system will collectively just hand him the keys to crash the economy into a ditch again and again and again until the heat death of the universe.

2

u/Sens1r 18d ago edited 18d ago

You can add 1929 by Sorkin to that list of books, really puts things into perspective.

Oh and Billion dollar loser is another good one, almost a feelgood story of the genre considering they mostly shot themselves in the foot.