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The Rise and Fall of Elon Musk

1 pointsby aomsalmost 2 years ago

1 comment

Zigurdalmost 2 years ago
SpaceX&#x27;s Falcon 9, and creating a car company that is likely to stay in business are unarguable accomplishments. A lot of Elon&#x27;s critics don&#x27;t see how massive are those accomplishments.<p>But Elon is strangely endangering both: Cybertruck is a bizarre idea that will quickly saturate the elonthusiast market, and Starship is a Space Spruce Goose.<p>The valuation of Tesla is levitated on robotaxi future profits. The valuation of SpaceX is propped up by Starlink, which has 1.5M subs, almost all in the US, and about 2% of what it needs to support a satellite network.<p>It&#x27;s a house of cards. Run by the seat of Elon&#x27;s pants.