481–490 of 631 posts
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I'd like to see lists of "Things Elon Musk will never be able to make money from, but did" and "Things Elon Musk will never be able to make money from, and didn't".
Cybertrucks. Electric semis. Full self driving. Battery city. I'll leave up to the reader to put them on the appropriate list.
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Even if Tesla is overvalued, surely 1 example is insufficient to substantiate that mass stupidity is being rewarded. I spent many words explaining that the list of businesses at the top are basically at the top of their game, worldwide.
you wrote "can you provide an example" and I provided an example. If you wanted to say "I think the market mostly does this, with large caveats" then we're in agreement.
The company has recently successfully executed at making and selling a new type of product, so it is not unreasonable for investors to bet on further advancements.
Or maybe they think the leader is just sufficiently willing to be or adept at being corrupt that they will also benefit from his shenanigans.
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It's not a fake quote. It's an extreme distillation of the apparent core of your argument. It's how it appears to me. It's related to what you wrote in that someone read it and came away with that conclusion.
cool, and adding the part how "they don't literally kill anyone through an accident" invalidates your argument. that's a fake quote. you can respond with actual substantiative points, but don't make stuff up.
None of this is "fake." You simply neglected to include it. I'm expanding the scope to include a realistic scenario since realism seems so easily lost in these conversations.
SpaceX has reduced the cost of getting a ton of mass into orbit by a factor of 10 and with their new system (Starship) it's poised further reduce that to 100x. They launch, land and re-use their rockets so often now that what was considered impossible 15 years ago is now routine. They currently put more things into space than the rest of the world combined and by a huge margin. They also have the most advanced intern…
Hey are absolutely not replacing “legacy” isps and certainly not mobile. Even if they had perfect coverage, sat signals are way too sensitive to obstructions.
A normal person will probably never notice the difference between 4g and 5g because of what they use their phone for, and giving every household a proper fiberoptic line is probably a much better quality of life improvement. But ISPs dont want that future. They want everyone to be connected to these neighborhood hubs that don't require last-100m-cables and expensive construction. The same can probably be said for Starlink. It's "Good enough", and that's good enough to get sales. They don't care about the quality of the product they deliver, or if fiberoptics are superior. They care about sales.
How will they make money? From governments? With Elon's beliefs, few will be able to afford the vacation trips to space, except a few and they can already do this if they wanted, but haven't in droves. If anything this just proves that the Overview Effect (traveling to space changes you) is just BS, Bezos and the others never changed.
Providing space launch capability that's 1/10th what NASA charges.
Providing quite good AI at 100 tokens/sec.
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It's not meant to replace terrestrial networks, it's a space-based alternative that serves areas carriers have no financial incentive to cover. Terrestrial cellular towers cost between $150k to $500k per tower, and are not economically feasible in less populated areas. There are also many dead-zones in mountainous regions, since cell signals are blocked by mountains. Starlink Mobile supplements this, it's simply chea…
> it's a space-based alternative that serves areas carriers have no financial incentive to cover In a nutshell: they're serving a market that has less money to spend using more expensive tech than the current industry leaders. Maybe I'm wrong but it doesn't scream "massive profit".
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No related to this conversation, but I just started reading some books on finance and I actually know what most of those terms mean now! Lol
I have a bachelor from a school of business and I have no clue. What did you read that worked?
You do not need to study anything else. You can even be very successful in every stages of your life with it.
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The jury is still out on Starship. And also a bold claim to say that SpaceX by itself has reduced the cost of a ton of mass into orbit by a factor of 10. Did it play an important role in that reduction? Sure...
Who else “played a role” in Falcon 9 reducing the cost of mass to orbit, exactly ? I guess some public money went their way ? Also which jury is still out on starship ? I haven’t read any serious criticism that suggests there are insurmountable technical obstacles to it working. Timelines and the exact final cost-to-orbit are still debatable I guess ? The achievements of the program so far and the infrastructure curr…
> Also which jury is still out on starship ? I haven’t read any serious criticism that suggests there are insurmountable technical obstacles to it working. Timelines and the exact final cost-to-orbit are still debatable I guess ?
There are also other space companies outside of SpaceX who have innovated and reduced the cost of mass to orbit.
Just trying to add the perspective that while yes, SpaceX is impressive, there are also other companies and this hero-like worship of SpaceX (or any other company/person) is not great.
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In a world where it's trendy to hate on Musk, it's good there are people that provide some balance.
Doesn't this idea presume that the hate that Elon gets isn't totally justified?
I think it's worse than what you're saying. It's almost impossible to have an objective discussion on any technology he touches in a online forum without someone mentioning his behaviors. Godwins law.