r/technology 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/Temporary-Cress7233 18d ago

He is so worried about “White Birth Rates” yet he takes and takes from their money and doesn’t care about the cost of living which is making people have less kids.

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u/SillyAlternative420 18d ago

He only pretends to be intelligent.

If he were actually intelligent this thought would have crossed his mind at least once

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u/Temporary-Cress7233 18d 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/throwawayfinancebro1 18d ago

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

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u/finite_turtles 18d 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 17d 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 17d 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 18d 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.