>those numbers don't take into account YET the Twitter debt / xAI merger burden
replyClearly untrue. Given that's the source of the reported steep losses
> I just can't, can't wait until this whole Musk fugazzi finally blows up.
replyBe careful what you wish for. The collateral damage would be mind boggling.
Spacex is not too big to fail.
replySo be it. What's the alternative ? Continue a bubble ? Ride on the 'FSD by the end of the year' or 'thousands of Optimus next year' for the next 10 years ?
replyThe guys is openly lying and clearly a drug addict at this point and people think he's not cooking the books ?
Musk empire will end up being a much bigger scandal than Enron ever was. It's just a matter of time until it unfolds.
SpaceX and Tesla are different companies, fyi.
replyI know. They are very closely collaborating and are part of the same 'empire'. They will also go down together.
replyThe idea that 100s of global pension funds don't do their due diligence when investing 100s of millions or billions of their members' future retirement funds is extremely naive. With sincerity, I hope you can find a way not to be so emotional about what Musk says and be more grounded in what his companies and their employees are doing.
replyHave you ever heard of a Mortgage Backed Security?
replyor Bespoke Tranche Opportunity, they don't say CDO any more. I mean, it's the same thing, but still.
replyInvesting in SpaceX is one thing. Investing in SpaceX that is now merged with several other failed companies that each incur massive yearly additional losses.... let's see how long those funds still hold SpaceX.
reply>The collateral damage would be mind boggling.
replyNah.
Nothing critical is running on top of any of SpaceXAI's offerings.
Arguably Ukraine is still alive because of StarLink.
replyGranted, Russia is trying hard to make every mistake in the book, but StarLink’s benefits for UA and cutting off RU units from StarLink was very advantageous this year.
NASA mostly runs on SpaceX, so it depends if you consider ISS to be critical. But I wouldn't say it would be mind boggling.
replyCool, nationalise SpaceX, reintegrate its costs into NASA, done.
replyThe US would never let its access to space be cut off.
The US actually did just that when it retired the shuttle program. We had to rely on Russia to get to the space station.
replyWatch lmao.
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