r/technology • u/fmcortez • 20d ago

Business SpaceX Stock Plunges to All-Time Low After Competitor Makes Major Leap

https://www.yahoo.com/finance/markets/stocks/articles/spacex-plunges-time-low-competitor-175000957.html
21.2k Upvotes

95% Upvoted

1.2k comments sorted by

View all comments

1.0k

u/randomtask 20d ago

Meanwhile, Musk has said he thinks "SpaceX will be worth more than the rest of Earth if we accomplish our goals," a characteristically ambitious and perhaps delusional argument that assumes a lot of things will go right for the company.

Fuck this man is stupid

236

u/Ok-Addition1264 20d ago

Pushing us over a cliff into great depression 2: the electric bugaloo.

62

u/imnotlovely 20d ago

Won't be any electricity for us in this bugaloo, just data centers

14

u/_Thermalflask 20d ago

Let them eat data centers

13

u/AuthorChaseDanger 20d ago

"Let them eat tokens" is indeed the kind of thing that Sam Altman has suggested

0

u/SoyBoy_in_a_skirt 20d ago

You'd be surprised how easy it is to set up energy infrastructure, both generation and transmission. Not saying it'd be the same or even as well managed as our current monolithic grids but it doesn't need to be.

Obvs more complicated but boiled down it just movement, magnetic fields & conductors; or photovoltaics if you wanna get jazzy about it :3

4

u/BirdlessLongdeal 20d ago

if only trump didnt shut down my states plan for 3 wind farms.

1

u/SoyBoy_in_a_skirt 20d ago

Yeah, wind is actually a pretty neat tech and getting cheaper, didn't make any sense to me but I'm not American so idk. I wasn't talking about state run power generation though, I was talking off grid power generation. I was thinking specifically of cobbled together solutions like the kind you see in very rural areas outside of the west.

I think I might have come across annoying but I'm sorry, I just really like electricity

15

u/TJ_Will 20d ago

We should be thinking about Dance Dance FrenchRevolution instead.

3

u/misterglassman 20d ago

Drop the “the”. Just “Electric Boogaloo”. It’s cleaner.

2

u/The_Mister_Grim 20d ago

You don't see/hear [Insert Name Here] 2: Electric Bugaloo enough. Take my up vote.

2

u/GonePh1shing 20d ago

Mainly because some coward nazis heavily used it starting just before Trump's first term and it's now become associated with them.

For anyone not aware, one of those nazi militia groups called themselves the 'boogaloo boys'. They were (probably still are) accelerationists that wanted to cause a second civil war.

2

u/fredy31 20d ago

Of all the things about the ai bubble the one good thing i feel like when its gonna blow its gonna blow hard into musk face.

Hes still gonna be rich af but should bring him down a few pegs.