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Why is Elon Musk plotting a mega-merger of SpaceX and Tesla?
(www.bbc.co.uk)
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Obviously because one is brutally underwater and the other is floating on taxpayer money. He HAS to do this to save Twitter
Wait, which failing business are we talking about?
The sp500 is basically a dumping ground of taxpayer money to socially fund grifted companies that leech off the government via taxpayer money which are then bought into via taxpayer money by the government, with no benefit to the taxpayer.
Which companies has the anti-communism government bought into to support this year and in previous years?
Meta, spacex, Nvidia, oracle, Microsoft, Amazon, dell, ibm, alphabet, apple.
The entire stock market is being propped up by the U.S. government. So much for the free market. This sounds like the 2008 too big to fail all over again.
America loves socialism, but only for the ultra wealthy.
Pension funds are doing a lot of work, not necessarily the government.
The model is grow private dump public.
SpaceX was definitley solvent early on because of government money, but that’s changing quick. They appear to be positioning to move on from that as they want to retire the Falcon Heavy which would leave NASA in the lurch as it’s the only human rated rocket spaceX has. I can’t figure out if they’re doing this because they don’t need NASA anymore and private launches and starlink make more money for them or if they’re trying to force NASA into rating Starship for human launches faster. Maybe they’re even trying to get NASA to pay out of the nose to get them to keep their Falcon Heavy infrastructure going