Topic: Elon Musk is no longer a trillionaire due to falling SpaceX stock price
Mr. Bloody Lemonade started this discussion 1 day ago #135,823
Just thought I’d let you all know.
Anonymous B joined in and replied with this 1 day ago, 5 hours later[^] [v] #1,442,667
It was a pump and dump from the beginning. Musk just wanted the bragging rights and a quick payday. It'll happen again for other big tech companies
Mr. Bloody Lemonade joined in and replied with this 1 day ago, 40 minutes later, 5 hours after the original post[^] [v] #1,442,670
Mr. Bloody Lemonade double-posted this 1 day ago, 8 minutes later, 5 hours after the original post[^] [v] #1,442,672
You know, I guess it makes Elon richer to pump and dump SpaceX, but I mean, if he’s dumping SpaceX is that a problem for SpaceX somehow, as a company?Like the tech industry supports American supremacy, we dump the tech industry, we make some billionaires rich… what happens to the country once you dump all the companies? 🤔
Anonymous D joined in and replied with this 1 day ago, 31 minutes later, 6 hours after the original post[^] [v] #1,442,675
SpaceX underpins the space economy but it’s a modality play and loses money by making launch “cheap.” For anyone paying attention, Musk used $130 million in SpaceX funds to buy cyber trucks and boost Tesla shares because the cyber truck is a DOA product.
Mr. Bloody Lemonade joined in and replied with this 1 day ago, 6 minutes later, 6 hours after the original post[^] [v] #1,442,676
@previous (D)
I wanted to see just how bad OpenAI’s financials are, but they filed for their IPO confidentially, but I bet it’s much worse than SpaceX.
I wanted to see just how bad OpenAI’s financials are, but they filed for their IPO confidentially, but I bet it’s much worse than SpaceX.
Anonymous B replied with this 1 day ago, 4 minutes later, 6 hours after the original post[^] [v] #1,442,678
@1,442,672 (Mr. Bloody Lemonade)
Musk can always just go to trump for more government contracts. Basically if SpaceX fails the US government has probably collapsed and when the tech bubble pops it won't matter because they'll just print more money. The US just has to keep demand for the US dollar up which is why they blew up Iran and went after Venezuela. Even the Ukraine war is good for the US now that Russia is losing. As long as America can control the global oil supply and they require people to buy it with USD then the US can print as much money as they want and funnel it into the pockets of guys like Musk, Zuckerberg, Bezos, etc. It's all one big grift aka business as usual in the empire.
Musk can always just go to trump for more government contracts. Basically if SpaceX fails the US government has probably collapsed and when the tech bubble pops it won't matter because they'll just print more money. The US just has to keep demand for the US dollar up which is why they blew up Iran and went after Venezuela. Even the Ukraine war is good for the US now that Russia is losing. As long as America can control the global oil supply and they require people to buy it with USD then the US can print as much money as they want and funnel it into the pockets of guys like Musk, Zuckerberg, Bezos, etc. It's all one big grift aka business as usual in the empire.