251–260 of 1001 posts
For SpaceX (and possible the others): Yes it can, since they changed the rules to force over $30 trillion in passive 401k and retirement money to buy SpaceX at IPO valuations. From https://x.com/Hedgeye/status/2060435253928604065 : "Rule changes for the SpaceX $SPCX IPO: Index providers waived the profitability requirement and cut the seasoning window from 90 days to 5. This forces over $30 trillion in passive 401k a…
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You'll overpay -- but not by trillions.
On one order, correct, but it's still on the order of hundreds of millions to billions. Also, keep in mind that a stock price discounts expected future cash flows. Is it likely that SpaceX will have a near-peer competitor within a few years? No, it's not, and that market share is being priced-in.
If there exists sufficient demand for the product of space launches then it's probably reasonable to expect their to be a near-peer competitor soon, but that's only if SpaceX were to be profitable, which it isn't, even with the subsidization by Starlink on the order of many billions.
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> Were we struggling to do this before? We literally couldn't. > Was the overall percentage reduction in costs? Starship will bill NASA 1/20th what SLS does. > What is now enabled? LEO. Artemis. Out of all of these companies, being confused about SpaceX is super weird.
I think you missed the core of their question: What has actually gotten better in practical terms for the average American?
What probability you assign to arrive at that expected value and how you adjust for risk is on you.
There will be chaos and potential stall for another 2 years following the elections and if the democrats win. There will be natural vested interest in showing economic decline or bad things to win next elections.
Both parties do it.
This is the best time to get to a safe place for all these companies.
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Wow, didn’t know that. If SpaceX tanks and 401ks are left holding the bag, this could result in the biggest class action lawsuit ever.
Oh, SpaceX already has that covered: thanks to the TX legislature, SpaceX shareholders cannot file shareholder lawsuits, you can only complain to the "Texas Business Court" or get binding arbitration [0]. [0]: https://www.bloomberg.com/opinion/newsletters/2026-05-21/spa...
When money is lost in the order of billions, someone is getting sued.
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I’d love it if for once someone on here saying LLMs are some life changing apparatus would give a single example.
I can give some recent examples. - Significantly increased my productivity as a software engineer. - Using it daily for Chinese-English translation. Significantly better than pre-LLM translation software. Also, great at teaching grammar, nuances, etc. - General Q&A. Like "Googling" but much faster. This is probably the most common use case for me.
You’re going to have to define productivity as it applies to software engineering. With LLMs we’ve primarily seen the number of PRs over time being discussed as a proxy for LoC, as well as the speed of bootstrapping a small project. None of these have a known correlation with economic output. They just feel good, to the programmer, their manager, or both.
> Using it daily for Chinese-English translation. Significantly better than pre-LLM translation software. Also, great at teaching grammar, nuances, etc.
Yes dealing with language is the one area LLMs are actually designed for. But what’s the TAM for machine translation?
> General Q&A. Like "Googling" but much faster. This is probably the most common use case for me.
And now you’re missing any kind of traceability for the information that you “learn,” since it all gets spaghettified and then recombined into a pile of plausible slop with no attribution. Where before you had to do slightly more work to find the information you needed, now it’s available faster but you’re at complete mercy of literally 3 American companies plus the CCP for the accuracy of that information. Most people somehow seem happy with this arrangement.
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Are you actually optimistic?
A: posted a fact B: but what about your emotions Very glad to see HN stereotype being upended :)
That's a request for an opinion, not an emotion.
For SpaceX (and possible the others): Yes it can, since they changed the rules to force over $30 trillion in passive 401k and retirement money to buy SpaceX at IPO valuations. From https://x.com/Hedgeye/status/2060435253928604065 : "Rule changes for the SpaceX $SPCX IPO: Index providers waived the profitability requirement and cut the seasoning window from 90 days to 5. This forces over $30 trillion in passive 401k a…
this is disgusting corruption, a direct wealth transfer from the many to the few. shame on everyone involved