4 ms·

What if the gov takes over SpaceX overnight?

to11mtm 1y ago
You'd have bigger questions coming up based on the general 'how did it get to this' as well as any other companies as well as the populace being very concerned about such behavior.
- forgetfreeman 1y ago
  I think you might be surprised to find out how much of the populace would literally applaud such behavior.
  - lantry 1y ago
    agreed. the right will believe whatever trump tells them, and the left would be happy to see Elon knocked down a peg.
    - BryanLegend 1y ago
      We ain't stupid
  - kasperni 1y ago
    Until they saw the stock market...
    - forgetfreeman 1y ago
      Given the market's enthusiasm for speculating on TSLA during the recent controversy and protests on two continents I see no evidence to suggest speculators would take a day off just because Musk got his shit ruined.
- brookst 1y ago
  [flagged]
  - DaSHacka 1y ago
    Probably not even. The government could just pull a classic "we're doing this because terrorism" with the media emphasizing how great it is, and the masses would clap all the same.
    - cma 1y ago
      They wouldn't need terrorism or the defense production act. Musk can have citizenship stripped since he illegally worked under a student visa according to his brother, if he didn't disclose it in the naturalization process. And any assets earned while here can be taken. The latter may be harder but could be done with civil asset forfeiture stuff Trump brought back last term, with a lower standard of proof, though I think that was more about sharing state forfeitures.
    - Analemma_ 1y ago
      I think you're making 2005 comments in a 2025 world. As of, well, yesterday, pretty much everybody, on every side of politics, hates Elon's guts and would cheer the government on if it knocked him down. No media manipulation required, that's so last century.
      - DaSHacka 1y ago
        > that's so last century. 2020 and 2023 are "last century"?
  - morkalork 1y ago
    Yadda yadda spacex nationalized as a matter of national security temporarily until it will be returned to private sector at later date after any and all threats are neutralized blah blah offers for new ownership be taken starting in 2028
indy 1y ago
Then any progress would also stop overnight.
nickthegreek 1y ago
they should probably toss in starlink as well.
piva00 1y ago
The USA would get SpaceX but also have to deal with businesses getting spooked that the government can now nationalise private assets on a whim. When that happened in Iran 1953 the CIA fostered a coup; Cuba is under embargo since the 60s triggered by Fidel nationalising sugar mills; Chile's coup in the 70s with CIA support was triggered by nationalisation of the copper mines; invasion of Panama in the 80s was from tensions with Noriega wanting to take over the canal's assets. Venezuela's sanctions were because Chávez nationalised oil under PDVSA. The rift with Bolivia's Evo Morales was from gas nationalisation. So if the USA just takes over someone's private company it will be absurdly hypocritical, and shatter even more the USA's international reputation, the added risk to businesses in the USA after this precedent opens will probably also be of concern.

You'd have bigger questions coming up based on the general 'how did it get to this' as well as any other companies as well as the populace being very concerned about such behavior.

forgetfreeman 1y ago
I think you might be surprised to find out how much of the populace would literally applaud such behavior.
- lantry 1y ago
  agreed. the right will believe whatever trump tells them, and the left would be happy to see Elon knocked down a peg.
  - BryanLegend 1y ago
    We ain't stupid
- kasperni 1y ago
  Until they saw the stock market...
  - forgetfreeman 1y ago
    Given the market's enthusiasm for speculating on TSLA during the recent controversy and protests on two continents I see no evidence to suggest speculators would take a day off just because Musk got his shit ruined.
brookst 1y ago
[flagged]
- DaSHacka 1y ago
  Probably not even. The government could just pull a classic "we're doing this because terrorism" with the media emphasizing how great it is, and the masses would clap all the same.
  - cma 1y ago
    They wouldn't need terrorism or the defense production act. Musk can have citizenship stripped since he illegally worked under a student visa according to his brother, if he didn't disclose it in the naturalization process. And any assets earned while here can be taken. The latter may be harder but could be done with civil asset forfeiture stuff Trump brought back last term, with a lower standard of proof, though I think that was more about sharing state forfeitures.
  - Analemma_ 1y ago
    I think you're making 2005 comments in a 2025 world. As of, well, yesterday, pretty much everybody, on every side of politics, hates Elon's guts and would cheer the government on if it knocked him down. No media manipulation required, that's so last century.
    - DaSHacka 1y ago
      > that's so last century. 2020 and 2023 are "last century"?
- morkalork 1y ago
  Yadda yadda spacex nationalized as a matter of national security temporarily until it will be returned to private sector at later date after any and all threats are neutralized blah blah offers for new ownership be taken starting in 2028

indy 1y ago

Then any progress would also stop overnight.

nickthegreek 1y ago

they should probably toss in starlink as well.

piva00 1y ago

The USA would get SpaceX but also have to deal with businesses getting spooked that the government can now nationalise private assets on a whim. When that happened in Iran 1953 the CIA fostered a coup; Cuba is under embargo since the 60s triggered by Fidel nationalising sugar mills; Chile's coup in the 70s with CIA support was triggered by nationalisation of the copper mines; invasion of Panama in the 80s was from tensions with Noriega wanting to take over the canal's assets. Venezuela's sanctions were because Chávez nationalised oil under PDVSA. The rift with Bolivia's Evo Morales was from gas nationalisation. So if the USA just takes over someone's private company it will be absurdly hypocritical, and shatter even more the USA's international reputation, the added risk to businesses in the USA after this precedent opens will probably also be of concern.