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Money and Finances
Reply to "Is SpaceX really worth $1.75 Trillion?"
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[quote=Anonymous][quote=Anonymous][quote] Anonymous wrote: Other S&P 500 companies depend on government contracts and subsidies. For example, Boeing, Northrup Grumman, General Dynamics, L3 Harris Technologies, Booz Allen, Leidos Holdings, ACM, Jacobs Solutions, etc. Are you upset that your 401K or pension is invested in those? Are those CEOs bad businessmen as well? Look, you can keep missing the point all you want, but SpaceX and the rest of Musk’s companies make much less profit than his hype machine would have people believe. That’s not derangement, but fact. [/quote] Amazing how he got this far, isn't it? For a guy on the spectrum, he sure has a lot of business acumen. [/quote] SpaceX succeeds because of Shotwell. Tesla succeeded because Obama pushed EVs HARD. X is a terrible business but superb propaganda (which in some ways turns into business by graft with politicians?) xAI is a money losing data center farm with a hobby X-rated LLM. [/quote]
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