Looks like the inevitable lawsuits are already bubbling up about the SpaceX IPO including failure to disclose multiple material risks. Several around loss of key resources and decision makers from xAI aquisition and potential for false statements of control effectiveness on independence from PWC.

I know people think that drug-addled and thieving little homunculus is a brilliant technologist but I am absolutely shocked that absolutely zero reports I’ve seen in financial journalism prior to or after the IPO mention the shockingly large number of times Elon Musk or a company in his behalf have settled with the SEC for false statements, market manipulation, and the like.

My guess is that this is going to end so badly it will kick off the next cycle of new laws for the financial sector. We will have a great little sine curve of laws being passed then slowly gutted in my lifetime marked by 3 absolute lows: Enron, Subprime Mortgages, then SpaceX and AI.

RE: https://masto.ai/@rbreich/116687121820695280

An awful lot of people seem to have completely forgotten that #60minutes suspended Andy Rooney on multiple occasions for being #racist as hell, and homophobic, and always ended the suspensions early due to ratings drops.

Let’s cut out this hagiography please? This can be a dark day for America without making that show into a paragon of journalistic integrity.
#pride

RE: https://masto.ai/@Nonilex/116681063844033437

He will also have access to basically all of cell phone, text, and social media data for just about everyone in the world. So I would expect a lot more elected officials, especially establishment/incumbent ones of both parties, to fall in line all of a sudden.

The guy who went to mortgage application data to weaponize against critics in charge of the CIA right after Section 702 just got reauthorized for domestic spying?

RE: https://infosec.exchange/@briankrebs/116681003015633285

I’m trying to think of a better way to say that you despise the fields of Intelligence and cybersecurity.
All I could think of is that lifelock guy who posted his SSN everywhere and said he was impervious to credit risk.

On the one hand, joking about truly terrible people normalizes their behavior to a degree. On the other hand, I want to see a staring contest between Kash Patel and Ken Paxton.

Not even the contest itself, just the rules for determining who is holding eye contact and then the two of them fighting over which eye was looking where.

RE: https://infosec.exchange/@h2onolan/116632840731722856

I may have been drunkenly singing along to Blue and Essence yesterday. Actually I should do that again now come to think of it.

RE: https://mastodon.social/@gknauss/116626662751429394

Whenever people ask me about Tor and the dark web, I say it’s an internet that can’t be passively monetized by design so everyone has been taught to fear it.

RE: https://infosec.exchange/@briankrebs/116597569851456486

#simplythebest