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SpaceX's IPO Bagship carries full payload of Elon's mistakes
- analogpixel 5mo ago> LLM prompt: remove all the flowery language and summarize https://jamesthomason.com/spacex-ipo-bagship-carries-full-payload-of-elons-mistakes/ https://jamesthomason.com/spacex-ipo-bagship-carries-full-pa... The thesis: SpaceX has filed an S-1 to IPO at a $1.75 trillion valuation, raising up to $75 billion. The author argues the offering's main purpose is using public money to bail out the failing X (Twitter) and xAI businesses Musk previously acquired, while enriching insiders.
- LZ_Khan 5mo agothx
- bix6 5mo agoThis summary misses a lot of the interesting points / numbers he pulled out.
- analogpixel 5mo agoIf summary interesting, then read article, else, continue.
- deleted 5mo ago[deleted]