this post was submitted on 19 Jun 2026
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Both Tesla and SpaceX has produced a lot of stuff, some of it pretty good. But yeah, their stock price are bit out there.
90% of SpaceXs assets are in AI Datacenters that are running grok, I wouldn't call that any good stuff, even in terms of AI. Apart from that they grifted a lot of money from the US government to produce rockets that are worse than what NASA could have delivered with the money.
The only "good" thing spaceX made is Starlink, which has about 12 million subscribers and brings in a revenue of 11 billion each year, with about 4 billion in profits. That's nothing compared to big network companies.
Wow, no. Look at what nasa is producing with Artemis. Business as usual is $2B/launch, way over budget, and years behind schedule. There is no path to launch more than 1-2/year and they depend on reusing old components with very limited supply.
In contrast Falcon 9 cost nasa less than one Artemis launch has an unmatched record of reliability, drastically reduced launch costs, made reusability practical, and has earned its place launching 80% (by mass) of the world’s payload to orbit. Nothing matches its record
I don't know why you're being downvoted, but you're right. SpaceX made a lot of advancements on its rockets and in lowering the price per launch.
This is objective. This isn't sentimental or arguable.
Stock prices shouldn't be volatile based on tweets lol
Why not?
because people's future (and even present) financial safety depends on it. the stock market is used for dead serious things, its not supposed to be a meme market.
(gestures at headline)