Post

@lopatto.bsky.social writes: "I haven’t seen anything as stupid as the WeWork IPO document in a very long time — until Elon Musk filed to take SpaceX public. WeWork was a joke. SpaceX is a threat. And if Musk and his bankers have their way, you are going to be their bagholder." buff.ly/kLPpxLV

344 reposts747 likes

His compensation package is worthless. Requires a permanent Mars colony, and space-based data centers. Humans can't severe from Earth's Biosphere - genetic networks will shutdown after a few months in deep space. Expensive wet-dreams of exceptionalists, blinded by raging self-illusion.

Space-X burns money like rocket fuel. It's only profitable operation is Starlink, which is a fraction of the expected IPO value. Buying SpaceX stock is like buying blue sky.

Musk-rat is as ugly on the outside as he is on the inside! He's a festering blister on the ass of humanity!

Nasdaq President Nelson Griggs says no rules were broken in winning the SpaceX initial public offering, which could be the largest ever. He does talk about new rules that let companies get added to its index faster. He speaks on "Bloomberg Open Interest."

Only 1 of the 3 companies making up this IPO actually makes money. SpaceX itself may in a few years. And Gronk and the AI is a giant furnace burning billions per year with no plan to make money yet. They would have a better ROI taking one BILLION setting it on fire and charging for it

Biggest fucking scam artist in history… ..”the greatest trick Musk played on the world, was convincing them that he was a really smart guy”.. I pray SpaceX blows up literally and figuratively in his face..

Let’s go ask the world’s poorest children, who are more at risk after Elon Musk destroyed USAID, let’s go ask them how they feel about Musk’s “Light of Humanity” bullshit

So much hate here for Elon blinding you from opportunities. Hate him if you want, but I see past that to SpaceX & a future w/ them deploying data centers in space, offsetting ecological concerns here on Earth, XAI solving complex problems in conjunction w/ neurolink, & Optimus lifting productivity.

And we will be paying him his Gov't pension. Gov't pay in around 20% of his salary into his pension fund. Not 3 -5% that a normal person would have. 20% Along with his salary every month for this loser to keep sponging off us. His MEP pension, due to be paid in 2027, will be around £73000 pa.

Why do we allow subsidized companies such as SpaceX to double dip like this? They take tax money and still keep all the profits? It is complete bullshit. SpaceX isnt doing anything that NASA couldn't be doing with better funding. Stop subsidizing Musk.

Thats a point. Subsidized with tax payers money. He then wants to float, will continue to take subsidies, so essentially robbing the tax payer for more money. I really don't understand how you can live with yourself with that much money and not use it for good.

The dead bird is dead; past “bankrupt”. Imaginary battery cartopia has NEVER generated internal profit (eg, ex leveraged carbon credits). Exactly as OPed, it cons simps to “buy the brand”. Our United States Government included. #MuskIsAMeme #NoMoreSimp #ConsequencesInstead