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These trillions that go to SpaceX and whatnot are trillions that aren't going to building more homes, nor increasing wages. Not even as a second-order effect.
by Arodex 4mo ago
These trillions that go to SpaceX and whatnot are trillions that aren't going to building more homes, nor increasing wages. Not even as a second-order effect.
- philsquared_ 4mo agoThere is no "trillions that go into SpaceX". You and others seem to have a massive misunderstanding about how the stock market works... they could have sold 10 shares at $50 and still have a valuation in the trillions... Market cap does not mean they have that money in hand or even that it is being taken from someone else... They literally sold less than 5% of the total shares in the ipo by the way...