Comment Re: So basically... (Score 1) 195
Sure, and SpaceX is going to cure cancer and let us all live forever for free. The fact that they once did something that somebody somewhere thought they couldn't do doesn't mean they can automatically do anything.
I didn't say that.
Note that SpaceX themselves say they don't really have any idea whether datacentres in space will work.
More than once, too.
Telecom experts were saying there's no way you'd be able to bring down the cost of phased array antennas to a reasonable level. Nobody at SpaceX was certain of that either. Then it happened anyway.
https://www.businessinsider.co...
Enjoy some nice fodder from gizmodo about heavy lift rockets being scalable:
https://gizmodo.com/bad-news-f...
Many others as well, like stainless steel instead of carbon fiber, the booster catch, the sheer scale of starlink, supercooled fueling, space lasers, hot staging (without sacrificing the booster), and full-flow staged combustion (which many had tried and failed.) And those are just the ones I can tell you about. There have been failures too, for example the attempt at landing dragon with thrust instead of parachutes.
I didn't say anything about stopping it.
Then you're just trying to be contrarian.
There are good arguments for proceeding carefully though. A million satellites in one of our most valuable orbits comes with a bunch of problems.
Nobody said otherwise, however, I don't believe you understand the significance of starlink's orbital parameters with regard to safety. You think you do, but you don't.
Elon doesn't have any downside. He's never going to sell his shares unless he absolutely has to.
Did you even pay attention to what I said? I asked how the GP believes there's fraud going on. Who is defrauding whom? Either you've come here just to be contrarian, or you've come to ask about your genital warts. I don't know which, but if there's a point to any of this, I've yet to hear it.
SpaceX made $75 billion dollars off the IPO, possibly at quite an inflated price. He also gets his Twitter investors off his back as they can now cash out their formerly underwater shares at a significant gain.
Who was on his "back" exactly?
Whether any of it is fraud or not is for lawyers to figure out.
And they start with an argument, predicated on a legal theory. I don't see anything resembling either of those. That's exactly what I was asking GP for.
Every company is going to hype their stock before an IPO. SpaceX says, buried deep in the prospectus, that they really have no idea whether datacentres in space are going to work or not, and they have a few very compelling reasons to push highly speculative, AI-related ideas even if they don't think they're going to work.
And what's your point? There's uncertainty in business? You're just now figuring this out?