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After Texas’ blue wave, what happens to Elon Musk and SpaceX? “Data centers in space looking pretty appealing right now.” (arstechnica.com)
submitted 3 days ago by to c/technology@lemmy.world
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[–] 10 points 2 days ago (6 children)

He doesn't waste his money on his companies. He wastes tax payer funding on them. And when that started drying up, he took it to the stock market, convinced the exchange to fast track adding his company to being eligible for indexes, and then wasted our 401ks on it. He's the ultimate con man.

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  • [–] 3 points 2 days ago (2 children)

    Yes but that only lasted weeks before collapsing. The end is coming, he is now trying to roll Twitter into spacex. It’s where his real riches are. When it eventually goes, so does his money

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  • [–] 1 point 2 days ago (1 child)

    That's what he does. When one company starts having issues, his other company will bail it out or outright buy it. It's a constant shell game.

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  • [–] 1 point 1 day ago

    I think my point is that his wealth is based on the game and like anyone who passes bad checks between accounts, the reckoning eventually catches up. He’s going to lose big over the next few years.

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  • [–] 1 point 2 days ago (2 children)

    I'm hoping for a push by the people to pressure the Democrats to defund Musk. All his tech is shit and hurts people.

    With Trump, he got no-bids.

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  • [–] 1 point 2 days ago (1 child)

    Unfortunately there are still a ton of people that think he is some genius engineer and visionary. I would love for him to get cut off, I just don't have high hopes for it. Ideally he is cut off and sent to prison or sent back to South Africa.

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  • [–] 1 point 1 day ago

    Yes. The investment market is based entirely on vibes, which means Trump/Musk shysters thrive. That might be a good use for AI that doesn't hallucinate: create a data-driven investment advisor that works.

    While we're at it, a data-driven c-suite manager that actually cares about productivity will make workplaces much less toxic. One can dream.

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