Mastodawn

Because a LOT of people are missing the point:

No, Elon Musk is NOT serious about putting a million data centres into orbit. It can't work: laws of physics say "nope".

But SpaceX is expected to go public this year.

Elon is talking up his company's future prospects in front of gullible investors because he needs a growth narrative beyond Starlink, which is already priced in. Something to justify the Starship proram beyond NASA's lunar ambitions.

So it's salesman's bullshit, lies for fools.

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Matilda

@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.