Hypx

joined 9 months ago
[–] [email protected] 112 points 8 months ago* (last edited 8 months ago) (17 children)

SpaceX, from a financial standpoint, is just an elaborate Ponzi scheme for Musk, who treats all of his companies as his private fiefdom and personal piggy bank. In reality, none of them are genuinely profitable, and depend on government subsidies and capital investments to survive. The goal is to just build a barely viable business and then scam people with bullshit promises. Any real cash flow is immediately converted into cash for his personal use. Though from time to time, he uses that cash prop up another of his ventures. Very likely, all of this will come crashing down at some point, and it will be revealed that his companies are nothing like what they seem.

[–] [email protected] 2 points 8 months ago* (last edited 8 months ago)

A lot of them are either bots or are working for some clickbait farm. You will eventually come to realize that you need to block the worse offenders.

[–] [email protected] 7 points 8 months ago

I suspect even more than 30%, and by a lot. Nearly all of the communities that once thrived seem to be dead. It feels very empty.

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