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Comment Re:Arms race escalation (Score 1) 64

The *exact* same idea with the *exact* same complaints from the Left, the UCS, all the progressive crybabies...can reasonably be seen as having ended the Soviet Union by ramming it financially into its own contradictions.
Is that ACTUALLY what you guys at the Paul Robeson bookstore are all still salty about? That the guys you insisted all along were the "good guys" turned out not to be?

Anyway, the idea that defense = escalation hasn't been a thing since MAD was largely abandoned in the 1990s. Welcome to the post cold-war era, comrade.

Comment Re: "Fun" fact (Score 2) 132

The only truly unique thing associated with Musk is Starship. That piece of tech is important for our species and everyone else is a solid 20 years behind.

It's not as important as you might think. If the concern is humanity being able to survive the loss of Earth's biosphere, then the enabling technology to accomplish that is recreating an independently sustainable human-compatible biosphere elsewhere -- which is not something that Starship, on its own, will be able to do within the next 20 years, even if it could place human beings on Mars. So if the Giant Space Asteroid comes for us, we'll be just as doomed with Starship as without it -- the Mars colonists would starve to death a few months after the Earth resupply ships stopped arriving.

Comment Re:Arms race escalation (Score 5, Insightful) 64

"The US is escalating"?
That's a rather specious viewpoint, isn't it? Or did you intend to lie by omission?

The Soviets/Russians have had space based weapons platforms in orbit since the 1960s
The Chinese have had weapons aloft for at least 10y.
Honestly, if the US *doesn't* have functional, effective orbital weapons already up there, they're fucking incompetent.

Comment Re:Said it at the spcx IPO (Score 0) 132

And, if investors don't like it, they can walk away, can't they?
Isn't that how the free market works? Convince people to invest in you, great. If you're an asshole or do stupid things, they take their $ away.

Look, I get it, slashdot despises Musk for many, many things (some even have to do with actual business or technology). But this is up to investors and their choices.

SpaceX IPO $160 today $162. Not really compelling unless one believes in their mission.
Tesla 1y was $442, now is $385. Not very compelling.
 

Comment Re: Yes (Score 2) 202

Nearly 50% of stocks are held in retirement plans. It's not that the shareholders only care for the next dividend. It's that the shareholders are passive (as you also pointed out), or are one level removed (in index funds).

The fund managers don't want to rock the boat with the companies because the companies get to pick who manages their retirement accounts, so essentially the retirement accounts are yes votes and not ownership oversight.

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