@cstross the fact they are stupid enough to fall for it is the thing I'm finding infuriating (& I've had enough personal experience of investors, them thinking they are brilliant all the while knowing nothing and constant group think to be pretty bitter about this) - like - this, OBVIOUS, grift - works

the worship of the rich, as though they are somehow more insightful than the rest of us, while watching them exposed as dubious people & marks falling for cheap tricks is depressing.

@cstross

Lying worked for Tesla, so he wants to pull the same thing again.

@cstross it's the 'put it in a box and sell it' paradigm, where neither the box nor what goes in it can exist.

He, like the 🍊, depend on the masses who lack learning. Not education: learning.

In the most Twainish of ways.

The problem here is that both Elon and investors (as whole financial sector) is currently trapped in the myth of Eternal Growth. They are so trapped in this world where everything must grow, even growth must grow, that they don't see when they cross the barrier of telling themselves fairytales and having ideas that are physically impossible to realize. I'm not sure if this is gullibilty or if they really believe that the growth will never stop or maybe even fear because if they stop doing this, the REAL wold says "I call" and their world will fall apart...

@cstross

@cstross Data centers on orbit is the stupidest idea ever.

Perhaps even more stupid than letting a remote LLM control your personal computer 🤦‍♂️

Here's a fine blog about what appears to be Musk's latest SpaceX hoax by an actual physics and astronomy professor:

https://www.physicsmatt.com/blog/2025/12/11/the-dumbest-thing-ive-seen-this-week

»The only reason to launch a shitload of GPUs into orbit is to say you did it, because they sure as hell aren’t going to add meaningful capacity to the datacenters on Earth, will cost far more, and would have short usable lifespans. […] So why are a bunch of techbros and their pet journalists hyping this?«

@cstross the thing is, the big money knows it's BS or, at least, doesn't care if it's BS. They'll get in early, ride the hype wave and then try to cash out before it all falls apart.

"The stock markets are a way for everyone to participate in owning a company and promote growth." Is nonsense. The markets have become casinos and are disconnected from the economy.

@cstross I remember when he claimed his rocket would be on Mars by 2025 and everyone who doesn't know about Space believed him because he's nothing more than a huckster, selling Science Fiction as fact and Journalism not bothering to look beyond the hype.

This man, who was SO keen to visit the Paedo Island....

#ElonMusk #Space #SpaceX #Hustlers #Grifters #ClanOfPaedophiles

@cstross

"laws of physics say "nope""
But there is a way, figured it out. If "elon" wants the secret then it will cost him the trillion the "board of directors" (doge) .. paid him. 300,000,000 would get a tax refund of $3,333.33

@cstross I'd be interested in finding out if Scott Manley got anything wrong here.

His take, as I understand it, is basically (1) the physics makes it complicated but not non-doable, and (2) can't be profitable now but may well be so within the foreseeable future -- making it likely that whoever gets there first, even before it's profitable, stands to make the usual absurd amounts of money (especially if orbital access is never properly regulated) once it does become cheap enough for it to be profitable.