You are viewing a single thread.
View all comments View context
22 points

I don’t see the conspiracy.

My assumption is the investors immediately got what they wanted. They are not stupid.

Money men don’t hand over money to these front men based on promises. This isn’t a Hollywood movie. There was an immediate pay off.

They got SpaceX stock.

permalink
report
parent
reply
34 points

Investors will absolutely hand over money to front men making bad, even obviously insane, promises, though. People are always more easily manipulated than they like to believe, but people who’ve convinced themselves they’re infallible titans of industry are even more vulnerable to it. (Especially the ones who think that they see through the scam and won’t be left holding the bag.)

permalink
report
parent
reply
9 points

I didn’t say it was a conspiracy. I said they gave him money after he was already fucking up by paying around 30 billion more than it was worth, firing all the people that did stuff, and generally being a bad CEO so he would do what they want. More of a typical business deal really.

permalink
report
parent
reply
5 points

Actually they may not be worth much either.

https://www.youtube.com/watch?v=vYURUiOjZSw

Thunderfoot has spend a lot of time analyzing most things Musk, and SpaceX specifically does not have a market (TAM) to achieve what they claim.

permalink
report
parent
reply
24 points

Money men get conned so fucking often it isn’t even funny.

permalink
report
parent
reply
1 point

So you’ve never heard of theranos or we work?

permalink
report
parent
reply

Technology

!technology@lemmy.world

Create post

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


Community stats

  • 17K

    Monthly active users

  • 12K

    Posts

  • 556K

    Comments