281–290 of 560 posts
Earlier quoted context omitted.
This sounds amazing until something needs replacement. Until data centers on earth has a 99.99% (or higher) level of autonomous operation with very minimal requirements to maintenance and part replacements, they're not sending anything into orbit...
It sounds amazing for 14yo boys who are not specifically into hard sci-fi.
Earlier quoted context omitted.
In Norway the oil fund are actively arguing against boycotting these kinds of companies saying, and I paraphrase: "but our job is to earn money and we can't do that if you hippies keep standing in the way with your morals" Good to see it isn't necessarily the case.
That’s exactly what you would want your money manager to say. It’s their job to turn a profit. In turn you also want democratically elected politicians above that saying “yes, but the people want their money made ethically, so you can’t do that”.
I have AkademikerPension as my pension fund through work and this move suits me quite well. They've already excluded Tesla as well as a variety of companies that profit of weapon production, fossil fuel production or are suspected for human rights violations. https://akademikerpension.dk/ansvarlighed/ekskluderede-selsk...
I'm not a huge fan of Elon Musk but Tesla is a company that produces electric cars (mostly in western countries with half-decent labour laws), it's not associated with any of those things.
I guess one could argue with some merit that the governance is bad enough to exclude it on that basis alone?
I have AkademikerPension as my pension fund through work and this move suits me quite well. They've already excluded Tesla as well as a variety of companies that profit of weapon production, fossil fuel production or are suspected for human rights violations. https://akademikerpension.dk/ansvarlighed/ekskluderede-selsk...
In Norway the oil fund are actively arguing against boycotting these kinds of companies saying, and I paraphrase: "but our job is to earn money and we can't do that if you hippies keep standing in the way with your morals" Good to see it isn't necessarily the case.
Apologies for the naivety, but, why is SpaceX valued so high? Starlink? Are rockets really a lucrative business? Don’t get me wrong, being able to send objects up into orbit is cool, but is it $1.8T cool?
Earlier quoted context omitted.
While the Starship project may be struggling, Falcon 9 is still a massive success, with a successful launch every couple of weeks, making up most of humanity's access to space/LEO right now. And Starlink is a pretty big deal, particularly in a time of conflict where undersea cables are very vulnerable. If Elon hadn't shifted so far to the right, these threads would be near-universally praising SpaceX despite Starship…
Interesting definition of "struggling", as in "managed to catch the largest booster rocket ever built with by snatching it mid air, and land the largest space ship in the ocean using a belly flop maneuver that everyone said was crazy and would never work".
Especially now that every failure results in a massive wave of negative publicity
I have AkademikerPension as my pension fund through work and this move suits me quite well. They've already excluded Tesla as well as a variety of companies that profit of weapon production, fossil fuel production or are suspected for human rights violations. https://akademikerpension.dk/ansvarlighed/ekskluderede-selsk...
How does Tesla fit with the rest of those? I'm not a huge fan of Elon Musk but Tesla is a company that produces electric cars (mostly in western countries with half-decent labour laws), it's not associated with any of those things. I guess one could argue with some merit that the governance is bad enough to exclude it on that basis alone?
I really want a QQQ/VOO replacement that excludes these new rushed IPOs that are just exit liquidity. There are ETFs that exclude harmful industries like gambling, weapons and tobacco. How about an ETF that doesn't include IPOs for six months or until insider lock ups periods are over.
https://www.dimensional.com/us-en/funds/dfus/us-equity-market-etf
(I have no relationship with Dimensional, nor do I invest in these funds - I just saw them mentioned in a YT video on this topic a few months ago: https://www.youtube.com/watch?v=mqIHa6URUPk )
Apologies for the naivety, but, why is SpaceX valued so high? Starlink? Are rockets really a lucrative business? Don’t get me wrong, being able to send objects up into orbit is cool, but is it $1.8T cool?
Because of the Musk reality distortion field. The claim is that all data centers will move into space, and that SpaceX will completely own that market.