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SpaceX Stock Plunge Wipes Out $600 Billion After Cursor Deal Spooks Investors (www.forbes.com)
submitted 4 months ago by to c/technology@lemmy.world
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[–] 32 points 4 months ago (15 children)

There is literally nothing but hope behind the valuation. Same as Tesla. Just dreams and hopes.

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  • [–] 4 points 4 months ago (4 children)

    Both Tesla and SpaceX has produced a lot of stuff, some of it pretty good. But yeah, their stock price are bit out there.

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  • [–] 7 points 4 months ago (3 children)

    Stock prices shouldn't be volatile based on tweets lol

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  • [–] 0 points 4 months ago (8 children)

    Hopes and dreams are a good thing, that we should all have. I want to buy the claims Musk is selling: he seems to be the only one actually selling a future and I want hope and dreams for a better tomorrow. And he has delivered, even if not exactly what he said exactly when he said it.

    I understand musk is not an engineer, I understand some of his founder credits might be exaggerated. But his ability to weave an inspired vision, willingness to pay for it, ability to inspire others toward it, does deserve a lot of credit for the growth and success of both Tesla and SpaceX.

    Then his dark side came out into the open … and I still want the vision pushed by Tesla and SpaceX

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  • [–] 2 points 4 months ago (2 children)

    I dont know. To me he is intelligent but he lacks empathy and kindness. He doesn't care about people. He is that typical type of person that can figure shit out but you don't want him running humanity, unless you like dystopia.

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  • [–] 1 point 4 months ago (1 child)

    And yet that was one of the things I used to like - like an engineer he is able to talk in technical details, focus on minutiae, but lacks social skills. Perhaps a nod toward autism. As an engineer, that personality spoke to me.

    It’s only after people started worshipping him that he hallucinated having social skills or really any talent outside speaking of technology. That’s one person who should have stayed in his shell.

    He was always reputed to be hell to work for also, so it’s not like I ever was tempted toward that

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  • [–] 2 points 4 months ago*

    Yeah I think that intelligence combined with autism means he will always work very hard, because he enjoys it. But he lacks self awareness and he doesn't understand that technology is not what creates a better world. We used to think that before big tech. Now we see how horrible it becomes.

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  • [–] 1 point 4 months ago (4 children)

    I want to buy the claims Musk is selling: he seems to be the only one actually selling a future and I want hope and dreams for a better tomorrow.

    he is selling a future, but not nearly a good one.

    when the musk future comes, don't cry for how the reality ended up, but eat the shit with a smile on your face.

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  • [–] 1 point 4 months ago* (last edited 4 months ago) (3 children)

    I will happily live in an era of electric vehicles, cheap and easy access to space and all the modern functionality that brings, affordable satellite connectivity. I will happily live in a world where even the biggest trucks can keep up speed while fully loaded iPhone uphill, without polluting, without noise. I will happily choose a vehicle whose trip planning optimizes route and duration, automatically planning chargers as needed. I will happily live in a world where my vehicle, thermostat and home power storage can participate in a “virtual power plant” with intelligent time shifting

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  • [–] 2 points 4 months ago (2 children)

    I hope you'll also happily live in an era where the powers discriminate against you, and try to eradicate you. the only comforting thought you will have, is there is no going back.

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  • [–] 1 point 4 months ago (1 child)
    1. That’s true of all new vehicles, not specific to EVs
    2. I’m very interested in the Slate truck, which might be the only exception. I don’t want a pickup but I do want the lack of gadgets and surveillance they promise
    3. Or if you want to be argumentative, I claim to be the “in” group, the last to be discriminated against (except I’m from a blue state). Y’all can fight the battles
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  • [–] 2 points 4 months ago

    I’m very interested in the Slate truck, which might be the only exception. I don’t want a pickup but I do want the lack of gadgets and surveillance they promise

    that is not the future that musk is selling

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