There is clearly capital available for things other than social media. Setting aside all the biotech IPOs: "SpaceX has raised a total of $6.6B in funding over

There is clearly capital available for things other than social media. Setting aside all the biotech IPOs: "SpaceX has raised a total of $6.6B in funding over 46 rounds. Their latest funding was raised on Jul 30, 2021 from a Secondary Market round." https://www.crunchbase.com/organization/space-exploration-technologies/company_financials https://www.crunchbase.com/organization/space-exploration-te... Searching crunchbase for companies in the energy industry that have raised > $1B returns 24 results, too.