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SpaceX: Flying High on Impunity

georgiebc.wordpress.com

41 points by ortr 6 days ago · 38 comments

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sidcool 6 days ago

> "but it is a trash bag of Musk ventures and crimes"

If people really want to take anti-Musk articles seriously, the hyperbole should be controlled. Elon's no saint, but his companies are not a criminal enterprise.

  • anonymous_user9 6 days ago

    So how many years can Tesla lie about FSD before it becomes a crime? How much CSAM and revenge porn can X generate before it becomes a crime? How many bribes can he give the president before it becomes a crime? How much data can his lackeys at DOGE exfiltrate before it becomes a crime? How many poor people can he kill before it becomes a crime?

    How many sig heils and eugenics memes can he emit until he's considered a bad person?

  • ScoobleDoodle 6 days ago

    IIRC SpaceX bought 20% of the Tesla Cyber Trucks in 2025. Shady af.

  • comfysocks 5 days ago

    When the author says “crimes”, I didn’t take it to mean a literal criminal enterprise, but instead casual-speak for something like “bad governance”. It’s like if you saw some bad programming practices and casually called them “programming crimes” to avoid.

    Similarly, when the author says “trash bag”, I don’t take it to mean a literal trash bag.

    • sidcool 4 days ago

      Well then it's up to interpretation. We differ at that. When someone says financial crimes, there is no second meaning to it

  • tcp_handshaker 5 days ago

    >> are not a criminal enterprise

    They are, when they pay enough people, to change the market rules to raid your 401k

  • tastyface 5 days ago

    His unhinged attempts to destroy our government led directly to the deaths of thousands of Africans: https://www.currentaffairs.org/news/how-elon-musk-killed-hun...

    Possibly even hundreds of thousands: https://www.newyorker.com/culture/the-new-yorker-documentary...

    "Criminal" is far from the worst label that can legitimately be applied to this man. In fact, every article on Musk and his ventures should be prefaced with a note: "This vocal white supremacist has caused the deaths of thousands of people in third world countries through his reckless and destructive actions."

    I think when the histories are written, his legacy will be more Kissinger than Ford.

  • wg0 6 days ago

    Might not be crimes but criminal behavior is pretty evident.

  • dyauspitr 6 days ago

    I agree. He is a Nazi pos and I want to see him fail, but not his companies.

    • spiderfarmer 6 days ago

      It’s people like you that cause Tesla to have a massively inflated 25x the market cap of Volkswagen AG with only half the profits. The Cult of Tesla is too big to fail.

      • dyauspitr 6 days ago

        Who else is atleast attempting to bring chip manufacturing to the US with terafab and that too while using another US companies’ most advanced chip since they will be using Intel’s 14A process. There’s a good chance this brings Intel back from a decline. I’m in full support of humanoid robots and Optimus could be promising. Both SpaceX and Starlink provide a lot of value.

tehjoker 6 days ago

does this mean it's a good idea to sell index funds to avoid holding SpaceX? what do you do instead?

  • jraby3 6 days ago

    SpaceX is still only going to be a tiny percentage of the stocks you own in an index fund. It doesn't make sense to let this single article affect your decision making. It's obviously completely biased and cherry picking specifics (like the exact window of time you'd have needed to have a negative return in the stock market).

    And spaceX was just denied fast index entry https://www.bloomberg.com/news/articles/2026-06-04/s-p-dow-j...

  • igor47 6 days ago

    I'm pretty mad about the blatant manipulation of index funds by spacex, and I looked into how to avoid the IPO. If you're like me, the amount of unrealized gains from index funds over the past few years mean the tax penalty of exiting these funds is just too big (the majority of my money is not in tax advantage accounts like a 401k). If not for the tax reasons, I would probably go with a direct index. Vanguard and Fidelity both have em. But honestly even at inflated float ratios this stock makes a very small part of the overall index. What I hate is forcibly being made party to such blatant manipulation, but like any other "concentrated benefits, diffuse costs" situation, it's probably too low a real cost for most people to deal with.

dandanua 6 days ago

Since Trump is in charge, there is a high chance that this global stock market casino can go bankrupt as well. He is having a hand of Midas that works in reverse.

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