They're going to try to frame it as a national defense issue; like automotive companies are. My guess is they'd bail out SpaceX/xAI in exchange for personal enrichment if needed.

It’s actually the wealthy that would suffer if it goes tits up, and if things are actually changed to put the nation on a path to recovery. Think about Europe post ww2 and how fucked their infrastructure and economies were and what it took to rebuild within 3 generations to the point they were actually thriving comparatively. That took coming together and reinvesting in society, nations building. The wealthy don’t want to do that. But that’s what it would take to recover and restart the economy, because there is no flow to the bottom 98% anymore. The wealthy would have to willingly reboot it by going back to putting their fair share back into circulation and earmark it for rebuilding.

And the real difference is also that all of those bailouts were fully paid back with interest.