this post was submitted on 22 Jun 2026
372 points (98.9% liked)
Anarchism
3125 readers
781 users here now
Discuss anarchist praxis and philosophy. Don't take yourselves too seriously.
Other anarchist comms
- !anarchism@slrpnk.net
- !anarchism@lemmy.blahaj.zone
- !anarchism@hexbear.net
- !anarchism@lemmy.ml
- !anarchism101@lemmy.ca
- !flippanarchy@lemmy.dbzer0.com
Join the matrix room for some real-time discussion.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It’s hilarious how Musk is the wealthiest with multiple businesses that are actively failing and cannot make a solid case for their valuation without going into fantasy scenarios.
Which also means that his wealth valuation is a house of cards, he cant collect on the fake value without crashing it
But he can take out massive loans on that valuation.
And that money can be used however he wants.
Also, the recent IPO was him collecting money from a lot of people, and since he got exempted into a few indexes, people's retirement money is now tied to Musky scams.
This means that if Musky does decide to cash out and crash the economy, he'll have an instant bailout.
Now where have I seen this before...? Gosh, if only history had some warnings...
Be careful though, suggesting that Starship might never fly, or Full Self Driving might never drive, or that data centers in orbit are unlikely to scale is dangerous on the Internet.
Starship flying means nothing when nobody is using Grok which wastes more money than Starship capsule make.
Full self driving is only 1 decade late. Tesla is already behind technologically and their quality is still pathetic.
Data centers in orbit will be orders of magnitude more expensive and complex than data centers on earth. Data centers on earth are having tons of trouble being built because the costs and materials needed are extreme.
Also, Elon Musk is a Nazi that really wanted to be invited to the Epstein pedophile parties.