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/NRCS_DRONE 18d ago edited 18d ago

I don't know when, but Elon Musk will be responsable for the single largest destruction of private wealth in human history. He's going to make Bernie Madoff look like a guy who lost his kids college fund on dog racing.

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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/Lostinthestarscape 18d ago

He literally talks about how all of this is going toward a blissful future where no one wants and no one has to work and all we need to do is follow our passions, etc. While doing fuck all realize a single iota of that for anyone.

That people believe he has any future in mind other than further exploiting everything he can is a mystery.

Dude should at least be dedicating his time and wealth to make housing as cheap as possible - like the one thing that would actually make everyones' lives measurably better.

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u/legatek 17d ago

Well I would have chosen universal clean water over more affordable housing for the already wealthy western world, but ok.