this post was submitted on 20 Aug 2023
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[–] Clent@lemmy.world 23 points 1 year ago (5 children)

I don't see the conspiracy.

My assumption is the investors immediately got what they wanted. They are not stupid.

Money men don't hand over money to these front men based on promises. This isn't a Hollywood movie. There was an immediate pay off.

They got SpaceX stock.

[–] aricene@lemmy.world 34 points 1 year ago

Investors will absolutely hand over money to front men making bad, even obviously insane, promises, though. People are always more easily manipulated than they like to believe, but people who've convinced themselves they're infallible titans of industry are even more vulnerable to it. (Especially the ones who think that they see through the scam and won't be left holding the bag.)

[–] Arbiter@lemmy.world 23 points 1 year ago

Money men get conned so fucking often it isn’t even funny.

[–] Buffalox@lemmy.world 5 points 1 year ago

Actually they may not be worth much either.

https://www.youtube.com/watch?v=vYURUiOjZSw

Thunderfoot has spend a lot of time analyzing most things Musk, and SpaceX specifically does not have a market (TAM) to achieve what they claim.

[–] Sarcastik@lemmy.world 1 points 1 year ago

So you've never heard of theranos or we work?