4 ms·
I think this is a very big issue. If SpaceX is very successful, will he pay out dividends, or will he spend everything on a mission to mars at a massive loss or
by redox99 4mo ago
I think this is a very big issue. If SpaceX is very successful, will he pay out dividends, or will he spend everything on a mission to mars at a massive loss or something like that?
- dozerly 4mo agoIt’s very simple. You should expect he will do whatever benefits himself.
- laichzeit0 4mo agoThe one thing you can say though, is that “benefits himself” does not mean: buying a super yacht, a casino, an island, etc. So yeah, he’d YOLO and do the Mars trip before any of the above. Which is what most nerds on HN would love, except their blind hatred for Musk would make them despise even that.
- wookmaster 4mo agoHe’s certainly said things to deserve some hatred. I’m also lost why anyone thinks his mars trip is real. He has a long history of promising and not delivering.
- bobsomers 4mo agoBlind hatred? Given that, among a multitude of other things, he willingly threw out some sieg heils I think the hatred was easily earned.
- queenkjuul 4mo agoI only support a Mars trip if he takes it one-way There's no way in hell I'd even remotely consider trying to build a Mars base if i had all that money, either. It's a fucking stupid way to waste money.
- ath3nd 4mo ago[dead]
- Laremere 4mo agoSpaceX has gotten reduced cost engineering since its inception, due to telling their employees that the entire purpose of SpaceX is to put humans on Mars. Everything was about making money while developing the technology to do, and then using that money to achieve that goal. Going public in this way fundamentally creates a conflict there. Given that Musk has already used SpaceX to bail out his Twitter acquisition, it feels like both investors and hopeful engineers are going to lose.
- bulbar 4mo agoReminds me of 'Open'AI. All for the benefit of humanity, of course...
- jaimex2 4mo agoIts going to Mars. You can't play the oblivious share holder victim with this stock and try and sue later saying you didnt know. Thats always been the plan.
- arjie 4mo agoIf SpaceX is very successful he will spend everything on a mission to mars. He's pretty up front about this. If it costs a lot and the company runs at a loss then it costs a lot and the company runs at a loss. Read the S-1 > We believe that our current space efforts will catalyze transformative breakthroughs that could reshape terrestrial industries and lead to the emergence of new trillion-dollar markets on the Moon, Mars, and beyond. In particular, we believe our goal of establishing a lunar presence will enable terawatt-scale annual AI compute growth, support deeper space exploration and industrialization, and serve as a stepping stone to establishing a civilization on Mars. There is no secret about this. If this scares you, do not invest. Mars is mentioned 60 times in there. That's what he's going to spend the money on if it comes to it. If you don't want to lose your money on a Mars mission then the guys who are saying they're going to spend your money on a Mars mission are not the guys for you.
- tyre 4mo ago> Mars is mentioned 60 times in there. That's what he's going to spend the money on if it comes to it. And yet the vast majority of addressable market they list is enterprise AI apps lol
- ericd 4mo agoMarket to address, to pay for going to Mars.
- codechicago277 4mo agoOnly a matter of time before SpaceX starts selling parcels of land on Mars, surprised they haven’t yet. It has to be good for a few extra billions.
- ksaj 4mo agoI wonder if the scammers have been doing this already. Remember when you could buy naming rights to a star, or acreage on the moon? Elon selling lots on Mars might not feel far fetched to at least one demographic he already caters to.