I bet is is a ruze for exactly this reason.
Yeah, I mean what use does a country have of a high tech space industry on it's soil. What has space travel and rocket technology ever gotten us?
I bet is is a ruze for exactly this reason.
Weapons, velcro, countless other innovations...Yeah, I mean what use does a country have of a high tech space industry on it's soil. What has space travel and rocket technology ever gotten us?
It's Musk's job as CEO to run the company properly. Apparently, he hasn't paid too much attention to his Starship engine production. That's on him. This whining must be solely to get workers to give him free overtime.
Indeed, to be sure I was being sarcastic.Weapons, velcro, countless other innovations...
LOL .... you obviously aren't keeping up with the news. While SpaceX is not currently offered on the big board, Tesla is and since Musk makes no secret that he switches money back and forth to support his portfolio of his companies, this can easily be seen as a promotion to get more money poured into Tesla.SpaceX Is a privately owned company. Not listed on the stock exchange. As commented several times already. There is no stock price to push down or artificially depress.
That's a good start, but keep going: why is it "not real"? Because it's just potential for others to buy the stock? What do you think almost all of money is?
Why do you suddenly have the USD fluctuate up and down vs other strong currencies like the Euro? You'd rather deal in direct goods? Well those fluctuate even more if you look at the price of commodities like oil, so it's not that.
There is no intrinsic value: No form of wealth is actually real. What's real is the willingness to enforce property rights and who those are given to.
For example we commonly understand that very rich people rarely have consequences for their actions because their wealth translates into being able to mount impenetrable defense in court right?
But if that doesn't do it well, there's the legalization of bribes which Americans call "Lobbying" now: don't need to spend your money in court if you just spend it on politicians that write the laws that say that what you do is completely legal, hell you might even be entitled to a tax refund for what you do.
If you think about all of these things then you should understand what being a Billionaire means: It means that you personally can do all of these things and more, it means the law does not apply to you, the rules do not apply to you if you don't want them to, you can do whatever you want simply because almost nobody can stop you.
That's what money ultimately means and that's why Billionaires like Musk seem so preocuppied with the thing they supposedly have the most: money doesn't means anything if you don't actively enforce it by for example, demanding your employees work even more, for even less money, by you justifying firing most of them because you're "heading for bankruptcy" and there's no other way to save company A while company B continues to dominate and be among the most valuable in the world but oh, too bad you don't work for B right, you work for A so...We need to let you go, nothing personal we're just broke.
This entire thing is mostly an act to try to accumulate even more wealth and resources like I said, very likely from the government in the form of grants because hey we all want to go to Mars right? But the rich man is telling us it cannot happen because it's not "profitable" enough so we've gotta give him more of our money somehow, right?