This is a most excellent place for technology news and articles.
Investors really are just a bunch of toddlers with no memory, no critical thinking skills, and no real skills at all, actually.
If you lost money investing in Musk, I not only have no sympathy but I’m actually going to laugh at you for as long as I have air in my lungs. This, in between my sadness for the lost mkney that could have been used productively to help people.
someone lost a monkey? we've gotta find that monkey
I have no fucking idea of investing and knew it would go down quick, even the news said it since the company has no earnings, how the heck did they not? What were they thinking?
Since this snuck into a bunch of folks index funds a whole lot of people just paid Elon musk.
It was a get rich quick scheme, just for them not you
I thought SpaceX was at least on the right track with Starship, but then I read this article talking about how even one trip to the Moon could take up to 20 launches:
What's worse for musk - china launched and landed its own reusable rocket. Successfully landed. Spacex only cash cow now have a solid competition from china. Tesla is already losing globally to byd, no reason to believe margins gonna improve there.
So when Spacex is going to close shop in a few months because of bankrupcy, all the "western" world needs to launch their fleets of espionage satellites in Chinese rockets? 😇
So if we assume they manage to build a fully rapidly reusable rocket and launch infrastructure (the latter of which is incredibly questionable), the only marginal cost increase is just labor to conduct the launches and consumables.
And the physics says more like 17 launches, but at the end of the day, that’s just how much it costs to send 200 tons to the moon, AND bring the rocket back. They’re not jettisoning stages or leaving the rocket behind in the moon like Apollo.
The numbers are mind boggling, and short of nuclear rockets and space elevators, there is literally no way to do this short of many, many, many tiny launches, and it’s way less risky to have those tiny launches refill a tanker in LEO than to send 20 launches to the moon independently. Plus there would be no way to send large pre assembled components like nuclear reactors and construction/manufacturing equipment. Everything would have to be manufactured and assembled on the moon.
So I’m not sure what the marginal cost per launch is. I remember reading that the propellant between Starship and Supeheavy is something like $100M per launch, which would put 20 launches at around $2B and would make the re-usability not actually a cost saver vs. an expendable rocket. However, I just read the article below that says the launch cost is more like $3-$5M, so I may have been completely off base in my original assumption.
https://spaceorbitals.com/articles/starship-v3-cost-per-kg-2026/
neat. so let’s not do it until we can do it without funding a nazi, a capitalist, or a war criminal?
At some point dumbasses will realize it's a bad idea to dump your money on Elon Musk, the biggest fucking idiot there is...
I feel bad for them.
They probably had podcast after podcast pumping out information about SpaceX being a lock and also lack the discipline to sell when sitting on an unrealized profit; Meanwhile Elon still has 800 billion despite being a massively incompetent, douchebag silver spoon baby.
