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I mean, even for the completely amoral investor, they would still have to think about whether the magic abomination generator will _make money_. I would imagine

I mean, even for the completely amoral investor, they would still have to think about whether the magic abomination generator will _make money_. I would imagine that the Venn diagram of people who think that SpaceX will make loadsa money and those who think that whatever-the-hell Twitter is now will make loadsa money is not a circle.

bigyabai 8mo ago
Making money off of the proverbial Torment Nexus is SpaceX' specialty. They do it pretty well; the US fed loves their rockets, and feeds them contracts with margins that could finance a dozen suburbs. If X can pull off a similar pivot to being a federal lapdog, it would cost SpaceX investors nothing and expand the scope of their service contracts. FWIW, I agree that "fake CSAM isn't real risk exposure" is a pretty crazy line to steelman. But we live in crazy times. SpaceX is an antifragile asset, and anything that enhances it's risk is seen as a value-add. This is exactly what America deserves for refusing to regulate our monopolies while they play the futures trade like Candy Land.