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Hacker News actively blocking SpaceX IPO submissions

news.ycombinator.com

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Re: Hacker News actively blocking SpaceX IPO submissions

#7

Post by toomuchtodo »

curldevnull wrote: post #4
toomuchtodo wrote: post #2

Good. It is an obvious grift by a grifter, I would expect them to mod it in the same way one would a meme stock or Ponzi scheme. Do not feed the grift machine with attention.

[flagged]

How did you come to the conclusion that being that wealthy was because of intelligence? Elon has been at the right place at the right time to compound capital through luck, connections, and selling ideas in return for purchase of equity.

Most YC companies fail in some way. 90% of startups fail. Were those founders not smart? I think the majority are/were, they just were not lucky enough [1] [2] [3]. If your belief system and mental model cannot internalize that the deciding factor is luck over skill, well, ¯\_(ツ)_/¯ [4] [5]. Review the data, update your priors and improve the mental model to more closely align to reality.

If you don't like the rules, you are free to start your own forum. As long as it’s their forum, it’s their rules. As a guest, I do not complain about the asks my hosts make of me. It would be impolite. Be polite and respectful when you are a guest in someone else’s home.

[1] If you’re so smart, why aren’t you rich? Turns out it’s just chance. - https://www.technologyreview.com/2018/03/01/144958/if-youre-... - March 1st, 2018

[2] Ref: arxiv.org/abs/1802.07068 : Talent vs. Luck: The Role of Randomness in Success and Failure https://arxiv.org/abs/1802.07068

[3] Your Outsized Wealth Is Mostly Due To Luck: Be Thankful! - https://www.financialsamurai.com/your-wealth-is-mostly-due-t... - March 26th, 2026

[4] Highly intelligent people are more likely to ditch old habits for better ideas, study finds - https://www.psypost.org/highly-intelligent-people-are-more-l... - June 11th, 2026

[5] Tiarn Burtenshaw, Bradley Walker, Gilles Gignac, Cyril C. Grueter, Nicolas Fay, Individual differences in intelligence and personality guide human social learning, Personality and Individual Differences, Volume 253, 2026, 113639, ISSN 0191-8869, https://doi.org/10.1016/j.paid.2026.113639.

Re: Hacker News actively blocking SpaceX IPO submissions

#8

Post by curldevnull »

toomuchtodo wrote: post #7
curldevnull wrote: post #4

Earlier quoted context omitted.

[flagged]

How did you come to the conclusion that being that wealthy was because of intelligence? Elon has been at the right place at the right time to compound capital through luck, connections, and selling ideas in return for purchase of equity. Most YC companies fail in some way. 90% of startups fail. Were those founders not smart? I think the majority are/were, they just were not lucky enough [1] [2] [3]. If your belief sy…

[flagged]

Re: Hacker News actively blocking SpaceX IPO submissions

#9

Post by toomuchtodo »

curldevnull wrote: post #8
toomuchtodo wrote: post #7

Earlier quoted context omitted.

How did you come to the conclusion that being that wealthy was because of intelligence? Elon has been at the right place at the right time to compound capital through luck, connections, and selling ideas in return for purchase of equity. Most YC companies fail in some way. 90% of startups fail. Were those founders not smart? I think the majority are/were, they just were not lucky enough [1] [2] [3]. If your belief sy…

[flagged]

I'm happy because I know what enough is and what is meaningful in life, and even as a trillionaire, Elon will still be miserable. I spend my time on work that I enjoy, as a very curious person who loves to solve puzzles, and I get paid enough for my life to be very comfortable and help others financially.

I live my life in a way that the world does not cheer on my demise, and my own children do not despise me. But heh, enjoy the magic numbers in the brokerage account. Perspective is important. Be intentional about how you will measure you life. "You can't hurt my feelings, I'm loved."

Re: Hacker News actively blocking SpaceX IPO submissions

#10

Post by slater »

rvz wrote: post #3

HN is blocking it because they believed that X was going to fail in 2022 and could never admit that they were incorrect and could not stand the success of the SpaceX IPO. The envy here is astronomical.

That's definitely something that is happening, yep.
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