SpaceX: Flying High on Impunity

(georgiebc.wordpress.com)

36 points | by ortr 3 hours ago ago

19 comments

  • sidcool an hour ago

    > "but it is a trash bag of Musk ventures and crimes"

    If people really want to take anti-Musk articles seriously, the hyperbole should be controlled. Elon's no saint, but his companies are not a criminal enterprise.

    • anonymous_user9 an hour ago

      So how many years can Tesla lie about FSD before it becomes a crime? How much CSAM and revenge porn can X generate before it becomes a crime? How many bribes can he give the president before it becomes a crime? How much data can his lackeys at DOGE exfiltrate before it becomes a crime? How many poor people can he kill before it becomes a crime?

      How many sig heils and eugenics memes can he emit until he's considered a bad person?

      • holoduke an hour ago

        How many sig heila did he perform if I may ask? I saw one in a video. Are there more?

        • spiderfarmer an hour ago

          That one was enough for me. What’s your threshold?

        • samrus an hour ago

          How many do you need?

        • ScoobleDoodle an hour ago

          At least one more. Elon Musk did two Nazi salutes in a row on video. Pointed at 2 different audience sections.

    • ScoobleDoodle an hour ago

      IIRC SpaceX bought 20% of the Tesla Cyber Trucks in 2025. Shady af.

    • wg0 an hour ago

      Might not be crimes but criminal behavior is pretty evident.

    • dyauspitr an hour ago

      I agree. He is a Nazi pos and I want to see him fail, but not his companies.

      • spiderfarmer an hour ago

        It’s people like you that cause Tesla to have a massively inflated 25x the market cap of Volkswagen AG with only half the profits. The Cult of Tesla is too big to fail.

        • dyauspitr 5 minutes ago

          Who else is atleast attempting to bring chip manufacturing to the US with terafab and that too while using another US companies’ most advanced chip since they will be using Intel’s 14A process. There’s a good chance this brings Intel back from a decline. I’m in full support of humanoid robots and Optimus could be promising. Both SpaceX and Starlink provide a lot of value.

  • tehjoker an hour ago

    does this mean it's a good idea to sell index funds to avoid holding SpaceX? what do you do instead?

    • jraby3 an hour ago

      SpaceX is still only going to be a tiny percentage of the stocks you own in an index fund. It doesn't make sense to let this single article affect your decision making. It's obviously completely biased and cherry picking specifics (like the exact window of time you'd have needed to have a negative return in the stock market).

      And spaceX was just denied fast index entry https://www.bloomberg.com/news/articles/2026-06-04/s-p-dow-j...

    • igor47 39 minutes ago

      I'm pretty mad about the blatant manipulation of index funds by spacex, and I looked into how to avoid the IPO. If you're like me, the amount of unrealized gains from index funds over the past few years mean the tax penalty of exiting these funds is just too big (the majority of my money is not in tax advantage accounts like a 401k). If not for the tax reasons, I would probably go with a direct index. Vanguard and Fidelity both have em. But honestly even at inflated float ratios this stock makes a very small part of the overall index. What I hate is forcibly being made party to such blatant manipulation, but like any other "concentrated benefits, diffuse costs" situation, it's probably too low a real cost for most people to deal with.

  • dandanua an hour ago

    Since Trump is in charge, there is a high chance that this global stock market casino can go bankrupt as well. He is having a hand of Midas that works in reverse.

    • tristanj an hour ago

      No. Trump has done practically everything possible to pump up the stock market, during both of his terms.

      • spiderfarmer 39 minutes ago

        The US economy is running on fumes.

  • blueaquilae an hour ago

    I did not know the author but I got lost after the first paragraph.

    Feels like an unaccomplished personal rant about everything about SpaceX.

    Decided to read another article, maybe some other perspective? communism...

    I deeply feel sorry for the mental illness that spread so wide that even a valid subject like contesting SpaceX turn into pity for the author rather quickly.

    • spiderfarmer 42 minutes ago

      Your lack of empathy does nothing to refute the facts in the article.