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> After the past few weeks, can you imagine the public outcry if regulators tried imposing any limits at all? Au contraire this makes it much harder for him to
by jdrc 4y ago
> After the past few weeks, can you imagine the public outcry if regulators tried imposing any limits at all?
Au contraire this makes it much harder for him to use it to manipulate the market. It would be like Bloomberg manipulating his other company stock.
Maybe he just wants to use the userbase to turn it to a payments platform
- ncmncm 4y agoMore likely, use it as a political platform.
- nebula8804 4y ago$46 Billion dollars worth? Does not seem likely.
- ncmncm 4y agoUS gov't has already fronted him more than 10% of that. There's plenty more where that came from. And, not even just the US! The whole takeover would have been much more fun if he had announced that his offer would drop by 1% for each day they took to accept it.
- lambic2 4y agoWhat do you mean by the US gov't has fronted him more than $4 billion?
- 14u2c 4y agoIt appears they believe that SpaceX is Musk's personal slush fund.
- ncmncm 4y agoProve it's not.
- robbedpeter 4y agoDemonstrate its use as such. Extraordinary claims, etc. The level of scrutiny on SpaceX is incredible, and rightly so. Any unethical conduct or illegal money shuffling would be caught out quickly.
- ncmncm 4y agoSpaceX is not a public company. All public information indicates Musk has retained majority control. "Unethical conduct" and "illegal money shuffling" are undefined terms: it is his company, and he can spend its money however he chooses, subject only to whatever private terms he has arranged with private shareholders.
- deleted 4y ago[deleted]
- cryptonector 4y agoJeff Bezos enters the chat