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There's a reason most CEOs and billionaires try to stay out of the spotlight and try to influence things behind the scenes instead. We'll see how things turn o
by the_duke 2y ago
There's a reason most CEOs and billionaires try to stay out of the spotlight and try to influence things behind the scenes instead.
We'll see how things turn out for Musk in a few years.
At least Starlink, and hence Spacex, won't be affected too much, the service is too valuable for the US military, various industries (aviation, maritime) and also private customers as long as no credible alternative is in sight.
- InDubioProRubio 2y agoBut the isolationists are devaluing the military industrial complex? If you cant buy protection via shoddy equipment purchases - then war goods what are they good for? The first mafiosi patron running a protection racket into the ground.
- nashashmi 2y agoI think for Elon, he has long figured out the same thing Donald Trump figured out that the way to success is by saying brash things that you are always in the spotlight and therefore always known. Tesla and other stocks are not valuated based on the economics. They are meme stocks. Inflated because of gen y/z bros. Uber was the same way a few years ago when Travis was there. For as long as they are doing something "cool" like Tesla Robots, the stock will get attention, nvm that the robots were fake. Without Elon, Starlink would get a more microscopic examination and it would likely not have investors' drive that a stalwart would bring.
- johnnyanmac 2y agoWell it's a good thing he fired the FDA workers who were investigating Starlink. Definitely not something competitors can do.
- deleted 2y ago[deleted]
- johnnyanmac 2y agoFDA falls under the Department of Health and Human Services. So you can see where the overlap is. I don't know the exact reasoning for the structuring, but FDA contains the office of neurological and physical medicine devices. So thats the part impacted here.
- michtzik 2y agoI can't see what your parent comment wrote because it is deleted. But I also can't guess why the FDA would investigate Starlink?!?
- johnnyanmac 2y agoThat's weird. It was a bad pun but not flag worthy (I remember it said something to the effect of "why is the fda investigating starlink? Is it going to provide snacks to us?") But i also don't know what more context to add. DOHH is what FDA is a part of. FDA has an office dedicated to neuroscience. BCI solidly applies to neuroscience so that's where the buck ends. I don't know why DOHH put that neuroscience office under the FDA in particular, that's a history lesson I didn't take yet.
- nashashmi 2y agoDid you mean neuralink instead of starlink?
- slowmovintarget 2y agoSpaceX is also not publicly traded, so not subject to the whims of opinion or optics, just value delivered.