91–100 of 397 posts
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I mean twit-er-x is exciting, just in a more train wreck sort of way.
Yeah.. it's a strange guilty pleasure to see all the changes i view as stupid, to perform as badly in the real world.
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On-orbit assembly, the demonstration of which was the single actual real accomplishment of the Space Station program. And yet NASA just threw that in the garbage. If we can't do something as simple as assemble modules in space, exactly what sort of future do you imagine is waiting for us in space?
Maybe they used that experience decide that it would be cheaper to just build a huge rocket? The ISS also had the benefit of the shuttle, while US flights to LEO were in turmoil when the SLS was funded. It also wasn’t clear in hindsight how completely and utterly inept Boeing was and how effective SpaceX was going to be.
SLS has absolutely no redeeming features. You're sunk deep in Stockholm Syndrome if you're still defending it.
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A rational return to the moon program that had to choose between Falcon and SLS would choose Falcon.
If the primary goal is sustainable payloads to the moon. I think Congress considers this a secondary goal over funding and jobs being directed at their states.
This is more important than it seems on the surface and is often a good thing.
You want to train and preserve local expertise with heavy industries.
That ensures generations of successful companies rejuvenating your economy as opposed to relying on federal handouts.
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Most of the changes seem to be great to me. Long form video. Longer posts. Revenue sharing. Great changes so far
I think most people focus on bringing back far-right people to the platform, making the application inaccessible to logged out users and the failed attempts at Twitter Premium or whatever it's being called.
now that elon is actually instating a paywall (that isn’t compulsory, and still lets you use it for free) all of HN seems to be thinking it’s the wrong decision.
i’d understand if something substantially happened in the intervening time period to give you the impression the subscription model was NOT the way to go, but nothing of the sorts has actually happened at all.
while it’s better than most sites, the groupthink on HN is insane.
also - i might be wrong if dorsey stepping down was the time when everyone was saying this, but i do remember it very clearly, and i only joined in 2020.
Is there a way for a mortal to buy or invest into SpaceX or are we just waiting for an IPO eventually?
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The current P/E ratio for the S&P 500 (growing far more slowly, obviously) is ~25. By many historical metrics, the stock markets are insanely overvalued these days. Far too much cash in the system, bidding up the "values" of anything that remotely resembles an investment.
P/E is price to earnings, not revenue. SpaceX is insanely overvalued.
Maybe you think it isn't going to happen - and sure there is some risk (!) - but in the successful case, SpaceX should be worth many trillions. At least.
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If the primary goal is sustainable payloads to the moon. I think Congress considers this a secondary goal over funding and jobs being directed at their states.
> funding and jobs being directed at their states. This is more important than it seems on the surface and is often a good thing. You want to train and preserve local expertise with heavy industries. That ensures generations of successful companies rejuvenating your economy as opposed to relying on federal handouts.
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This has elements of truth but is a conspiracy theory the way you describe it. If you listen to Musk, or listen to people who work for Musk, or the people who work for those people, they all say that the point of SpaceX is to enable human colonization of Mars. It's not just a marketing strategy to acquire talent (unless you think they're all lying -- hence the conspiracy aspect. Now, to do that, they'll need to scrat…
The only person that has to lie is Musk. That's why SpaceX is run as an autocracy. Everyone else drinks the Mars Kool aid. People who have been around a while connect the dots. To be more precise, the company is run by the DoD with significant technical and financial assistance. Elon is the main conduit between those deep resource and the rest of the company. He regularly meets with all teams to ensure they are align…
both of these cannot be true at the same time.
Its revenue will almost double again this year (2023) by looking at the number of launches[1]. Definitely the most exciting company Elon has (personal opinion) [1] https://www.spacexstats.xyz/#launchhistory-per-year