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Tech Thread

LeafGm said:
I’d feel better about this if not for the fact that the SpaceX IPO was an obvious dump onto retail investors, and Elon’s probably already made out like a bandit in the whole thing even if the stock crashes all the way to zero.
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Same, but it being a flop is a cautionary tale for investors and Elon nut hangers so I'll take it.
 
Smartphones aren't the problem. Stupid users are. If you have the app for every social media app in the world on your homescreen and you spend your entire day on those apps, you've fucked up.

Regulate the companies that have turned their apps into data stealing addiction engines. The phones aren't the problem.
 
MindzEye said:
Smartphones aren't the problem. Stupid users are. If you have the app for every social media app in the world on your homescreen and you spend your entire day on those apps, you've fucked up.

Regulate the companies that have turned their apps into data stealing addiction engines. The phones aren't the problem.
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It kills me how long this is taking to regulate, jesus christ get it done already.
 
one thing that gives me comfort is that i'm pretty sure all these tech giants only contact with humans is with sycophants, and now even worse, they barely even talk to those people and spend most of their day conversing with AI.

their brains are quickly turning to mush.
 
SpaceX shares are still locked up so insiders haven’t banked. These are retail investors hoping to sell to greater fools
 
CH1 said:
SpaceX shares are still locked up so insiders haven’t banked. These are retail investors hoping to sell to greater fools
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Not yet, but they still will make a ton on a company that is now fairy dust fueled with a valuation entirely divorced from the company's short or medium term reality. The combined company lost 4.3 billion in Q1 this year ffs and it's valued at 1.5T for reasons.

Even within just the spacelaunch part of it all, the only profitable part is Starlink...so ostensibly it's a low margin telecom strapped to a money losing rocket company, strapped to a money destruction engine of an AI company, all of that with a money losing social media platform tucked inside of it. None of which other than the low margin telecom has a path to ongoing profitability, but it's 2026 and nothing matters anymore, so here we are.

I said all of that to say that the insiders who own a company that should be worth maybe 30-40B are still going to be able to turn this into a cool trillion worth of capital before walking away and watching it all burn eventually.
 
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they’re paying for a greater story — data centres in space, eventually an entire civilization on Mars

Can’t believe you still doubt Elon after all these years!
 
CH1 said:
they’re paying for a greater story — data centres in space, eventually an entire civilization on Mars

Can’t believe you still doubt Elon after all these years!
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We're truly living in the age of the great American grifter. The bigger the bullshit story, the more they're willing to give to you.
 
It's a cult, period. The Tesla bros have thrown more money at Elon than they can even count, and just keep stepping back up to the plate because they are convinced that Elon will pay them out somehow for being loyal to the brand.
 
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