It is entertaining. Elon has stacked a house of cards that's pretty compelling: Without Starlink, SpaceX isn't worth its valuation, without a very profitable St

It is entertaining. Elon has stacked a house of cards that's pretty compelling: Without Starlink, SpaceX isn't worth its valuation, without a very profitable Starship you can't launch a constellation big enough, cheaply enough, to make the Starlink numbers work. Without robotaxi revenue Tesla is just a car OEM with car OEM valuation. Without Tesla's robotaxi-driven valuation, Elon gets a margin call on his remaining liquidity and the Twitter LBO creditors who can't sell their debt end up owning Twitter. Some things are rickety already: Blowing up the launch pad makes it impossible for SpaceX to be on time with a lunar lander variant of Starship. If they blow it up again Starship viability is questionable. It makes WeWork, Wirecard, FTX, etc. look dull and obvious. Elondammerung is the epic entertainment event of the next year or two.