The Myth of SpaceX

(theatlantic.com)

9 points | by paulpauper 4 hours ago

2 comments

  • bio-s 3 hours ago
  • NotGMan 3 hours ago
    >> SpaceX is a rocket company, a complex financial instrument, a meme, a monument to a broken financial system. It is the seven-headed Hydra at the end of finance, the teleological endpoint of money. It is a myth kept alive by blind faith, devotion, and even aggression, which makes it dangerous whether you believe in it or not.

    Sure sure. The part where Musk revolutionized rocket travel is obviously a no big deal.

    Everyone could do that, even a journalist. Right?

    The valuation is the potential based on what SpaceX could do as the 1st mover in space tech.

    Obviously the journo knows that, but hey, gotta write articles like this to pay the student debt...

    • turzmo 2 hours ago
      > The valuation is the potential based on what SpaceX could do as the 1st mover in space tech.

      It is not.

    • ronburgandy28 3 hours ago
      He quite literally did, and that's great.

      The valuation can also be not great, for reasons covered in the article, at the same time.

      Please refer to the HN guidelines. We can have productive discussions with mutual disagreement, without unfounded attacks against the source.

    • JumpinJack_Cash 3 hours ago
      > > Musk revolutionized rocket travel

      revolutionized Rocket travel? How many millions are flying from Europe to the US and viceversa via rockets?

      100 millions? 500 millions per year?

      Tell me where can I board, I feel like I am missing out :( watching the World Cup from afar, could use a rocket for when the elimination phase begins

      > > The valuation is the potential based on what SpaceX could do as the 1st mover in space tech.

      Space is a waste of time, there is nobody to enslave out there, at least not within rockets reach, hence it will never have a positive ROI.

      Unlike ICBM and nuclear triad which are a good reason to explain America's disproportional consumption compared with the rest of the world , but they work just fine and they don't need to be reusable because 4000 nukes are way overkill anyways.