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#ElonMusk controls reusable rockets that are the backbone of the #US space program. His constellation of #satellites in #space represents a pillar of US #defense. And he has struck deals with leading #ArtificialIntelligence companies to fuel the #AI revolution.
Now the public sale of #SpaceX shares will not only dramatically increase #Musk’s wealth, likely making him the world’s first #trillionaire, but it will expand his reach into pivotal sectors of the global #economy.
#money #power #wealth

FurballsNHairballs

@ChrisHolladay@mastodon.social replied · 6 days ago

@Nonilex

GIF

Javensbukan

@Javensbukan@cosocial.ca replied · 6 days ago

@Nonilex Hear me out: Hunger Games but for Trillionaires.

GIF

Pēteris Krišjānis

@peteriskrisjanis@toot.lv replied · 6 days ago

@Nonilex "valued" does very very heavy lifting there.
Call me in three months.

Nonilex

@Nonilex@masto.ai replied · 6 days ago

FurballsNHairballs

@ChrisHolladay@mastodon.social replied · 6 days ago

@Nonilex

GIF

Alexand

@djg@toad.social replied · 6 days ago

@Nonilex

Since all of Spacex was done under government contracts , first step for a new administration should be to nationalize Spacex assets. Probably take Boeings ULA assets too just to be fair. Muskrat can keep the money-losing car company

Pēteris Krišjānis

@peteriskrisjanis@toot.lv replied · 6 days ago

@Nonilex his contributions to AI has been miniscule at best. AI is already lot of unfounded hot air. But even by those standards Grok is measly 3%.

Nonilex

@Nonilex@masto.ai replied · 6 days ago

All the while, it sets up #Musk’s rocket company to dominate the cosmos as entities across the globe vie for control of #space.

“ #US space power is built on the back of #SpaceX. Period. Full stop. What does that mean?” asked Clayton Swope, deputy director of the #Aerospace #Security Project & senior fellow at the Center for Strategic & International Studies [ #CSIS]. “It means SpaceX has incredible #leverage over the #government right now.”

#money #power #wealth #plutocracy

Poloniousmonk

@Uair@autistics.life replied · 6 days ago

@Nonilex

I see two other significant problems here. 1) NASA used to launch rockets without blowing anything up all the time. This dipshit's rockets explode, what, 30% of the time? and 2) Why is nobody else talking about Kessler Syndrome? Nobody in any kind of position of authority has any excuse for letting that happen when/ if it does. It's even more predictable than global warming, and pretty much caused entirely by one man.

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