Skeptics Question Whether SpaceX Is Worth $1.77 Trillion - The New York Times https://www.nytimes.com/2026/06/11/technology/spacex-valuation-skeptics.html Elon Musk’s rocket company is spending big and losing money. #moneyloser #redink #unprofitable #spacex
Skeptics Question Whether SpaceX Is Worth $1.77 Trillion

Elon Musk’s rocket company is spending big and losing money. That has raised questions about whether it can justify its valuation for its blockbuster initial public offering.

The New York Times

Nice try @ParadeGrotesque

The #CAGEMAFIA have had access to cheap capital in the form of access to the money printers, and BigFinance.

CloudGlare? (ex-)NSA. ScAmazon? Shining example of a #moneyLoser allowed to continue losing till they reached monopoly status. TurdSiteBuyer? A darling of #DARPA that enjoyed countless govt subsidies. Google? All above. MicroShaft? JeffreyEpstein and more.

We're not "excited", just laser-f*cking focused on the abusers.

https://git.zzls.xyz/unsender/dfca

@benny

dfca

Stop waiting for politicians to enforce antitrust. Digital Feudalism Counter Action (DFCA Antitrust Law) blocks Google, Amazon, Facebook, Cloudflare, Apple, Oracle, Akamai, Alibaba, Tencent, Musk and Microsoft, with a popup when a program tries to contact them.

nadeko.net Git Server

Famous last words by one political party this election:

> We propose a simple, non-bureaucratic Department of Good Ideas, because BillGates and #JeffBezos had "good ideas".

Not to sound bureaucratic, but that's not an idea worthy of the Dept of #GoodIdeas.

a) #ScAmazon benefitted off #cheapCredit, and was a #moneyLoser for 15 years,
b) innovation is destructive, one doesn't merely deposit a "good idea" in govt, see #bitcoin, #RossUlbricht, #WikiLeaks journalism.

#deptOfGoodIdeas #goodIdeas

@jasper @ifixcoinops

2/3…steamrolled by the #keynesianInsanity of 3% growth in industries and #consumption, often that the citizenry don't support but which still enjoy gains because they are close to the #centralBankers who engineer favourable #interestRates until they have #monopoly positions. For example, #JeffBezos was a #moneyLoser for a generation he just never reported earnings till he went public. #Trump is a famous moneyLoser. Where did Cloudflare get money to taken #theInternet?
2/3

@StroomAfwaarts
Isn't #Hollywood decreasingly about quality and increasingly about pushing #ideology and being a #moneyLoser?

@sexybiggetje

The part about how they are "defending democracy" and "elections" while they are also a mega #corporation on #wallStreet with questionable origins.

We especially love the line, "But we (#Cloudflare) admittedly lack expertise in matters of geopolitics and human rights."

OREALLY?

How about we start with a basic one — the #HumanRight to basic #privacy?

#OReally #ProjectGalileo #moneyLoser #defendingDemocracy #elections #electionMeddling #electionInterference #geopolitics #humanRights