Comment by Buttons840
10 hours ago
SpaceX is too big to fail. It's important for national security.
I wonder if Elon wants to tangle all his businesses into SpaceX so they are all kept afloat by SpaceX's importance.
10 hours ago
SpaceX is too big to fail. It's important for national security.
I wonder if Elon wants to tangle all his businesses into SpaceX so they are all kept afloat by SpaceX's importance.
Elon can't legally financially entangle Tesla to SpaceX due to Tesla being a public company, so his hands are tied.
Tesla is clearly benefiting from protectionism and its sales would collapse if BYD were allowed to openly sell in the US. Most people just want affordable, maintainable and reliable cars.
> Elon can't legally financially entangle Tesla to SpaceX due to Tesla being a public company, so his hands are tied.
He absolutely could do it, just like he did when Tesla bought SolarCity. It just isn’t as easy when one of the companies is public than when both are private.
Tesla to invest $2B in Elon Musk’s xAI https://techcrunch.com/2026/01/28/tesla-invested-2b-in-elon-...
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> Tesla is clearly benefiting from protectionism and its sales would collapse if BYD were allowed to openly sell in the US
So would most of EU car makers in Europe. China is not playing by the same rules and everyone with car manufacturing domestically is slamming them with tariffs.
How isn't China playing by the same rules? Every country subsidises and supports industry it thinks is important, surely nothing would stop Germany from investing into Volkswagen and BMW or the US from investing into Ford the same way China invests into BYD?
I’m old enough to remember when this was said about Solar City
Got that double digit age locked down I see, congrats!
> Elon can't legally financially entangle Tesla to SpaceX
Bill Ackman has proposed taking SpaceX public by merging it with his Pershing Square SPARC Holdings, distributing 0.5 Special Purpose Acquisition Rights (SPARs) to Tesla shareholders for each share held. Each SPAR would be exercisable for two shares of SpaceX, aimed at enabling a 100% common stock capitalization without traditional underwriting fees or dilutive warrants.
With SpaceX IPO set to be one of the biggest of all time, this could have a pretty gnarly financial engineering impact on both companies -- especially if the short interest (direct or through derivatives) remains large.
Why would SpaceX go public? They already have a robust enough private market to give liquidity to all of their employees and shareholders who want it. They can get more private investment.
Going public would add a lot of hassle for little to no gain (and probably a negative of having to reveal their finances).
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He's broken pretty much all the other financial rules.... for example, the amount of blatant self-dealing he gets away with is staggering.
As long as the consequences of his actions continue to increase the paper value for investors, regulations don't really have teeth because there aren't damages. So the snowball gets bigger and the process repeats.
I've been thinking about this recently as I hear it often. Would people who want to buy a car in the Tesla price range really choose a slightly cheaper Chinese EV if those were available?
Personally I have a hard time believing this. But even if you had similarly priced Chinese options, I would guess the main reason for buying a Tesla is not just because you want an EV. While a Tesla will be a reliable baseline EV, surely the reason you (or at least I) would buy one is for the supervised self-driving feature.
BYD are just affordable and maybe reliable, regarding maintenance their spares are hard to come by and are almost as hard to work with as Tesla and other brands.
I've done plenty of work on my own Tesla. It's not hard to work on at all. Parts are not even very difficult. There are plenty of 3rd party shops (such as one I went to when I needed to replace my windshield.) I really wonder why people continue to think this. It's not 2016 any more.
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Are you a car mechanic living in China?
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Did you see how this last quarter where BYD sales fell off a cliff?
[Nearly] all is possible when you have a board of simps/cultists
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It's "ironic?" considering Tesla launching in China is what created the necessary supply chain to turn BYD into the powerhouse it is today. Tesla's greed will become their own demise.
Tesla cars made in Shanghai are sold in Europe and other places. That is helping them be competitive and they haven't had much price pressure until recently. Just because the Chinese have their own internal competition and deflation which drove their prices down aggressively doesn't mean it was a bad idea to build there. Also the idea the Chinese couldn't figure it out without an American company coming there first to show them is pretty silly.
Tesla Shanghai opened in 2019
BYD made their first hybrid in 2008 and they were a battery company since the 90s
Starship has a large number of critical milestones coming: Can it land and quickly reuse the upper stage? If not, it can't make refueling flights without building a dozen or two starships. Can it carry the full specified payload? If not, it can't even try to refuel in orbit. If it can't refuel in orbit, it can't go beyond earth orbit. Etc.
Everything has to go right or it will be irrelevant before it works.
> Everything has to go right or it will be irrelevant before it works.
Starship is not all of SpaceX. Saying, maybe because one hates Musk, that SpaceX is going to become irrelevant is wishful thinking.
In 2025 SpaceX launched more rockets into space than the entire world ever sent in a year up to 2022, something crazy like that.
Then out of, what, 14 000 active satellites in space more than half have been launched by SpaceX.
SpaceX is, so far, the biggest space success story of the history of the human race (and GP is right in saying that SpaceX is now a national security matter for the US).
Model S was the most successful EV. If you think cybercab is the vehicle of the future, look at the timeline of the only robo taxi in commerce in the US.
Everything has to go right with that, or cybercab will be irrelevant before it works. Same deal. Same bullshitter.
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> In 2025 SpaceX launched more rockets into space than the entire world ever sent in a year up to 2022, something crazy like that.
Not just that, the cost of each rocket launch is drastically cheaper than all of its competitors costs.
Why is it too big to fail? SpaceX can be dissected, parts be sold to the government or the competition.
It's too big to fail for Musk, because it is one source of his money, in large paid by the US tax payer.
How vital is it really to national security? Starlink will have competition from Amazon Leo in the next few months. And while SpaceX is obviously in the lead in launch capability with Starship, there are multiple launch providers capable of providing roughly the same services the Falcon 9 and Heavy provide today.
The same services as Falcon 9 are 20x the cost and launch 1/20th as much as well. That's like producing hand made good in America versus via a manufacturing line in China.
> Starlink will have competition from Amazon Leo in the next few months
Amazon Leo will have 14k satellites in space in a few months? Wow! Amazing!
I think he will spin Tesla off since electrification and autonomy are no longer cool (he can’t build good quality cars or reliable FSD)
Haven't you heard? Tesla is pivoting to building humanoid robots instead. They haven't sold a single one, but it toootally warrants retooling their car factories, pinky promise!
FSD is incredibly reliable. Build quality of US built cars is middle of the pack, Europe/China built Teslas are top of the pack.
Incredible shilling, bravo
Oh c'mon now. Damn model 3 and model S I have driven were considerably lower quality interiors than an ass end Citroen or Fiat. The Model S, a 2023 model the doors didn't even fit properly. And that was all Europe.
As for FSD, nope. Unless you redefine the word reliable.
Edit: I owned a 2018 Model S as well. Literally the worst fucking car I have ever owned or driven.
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Of course it isn't "too big to fail". Even banks aren't. Despite recent history large banks have failed often throughout history. There's no such thing. It may take down the supporting sovereign government (Dutch East Indies) but life goes on and new political orgs appear. People be people.
Too big to fail is a very recent modern myth. Go back 100+ years and lots of banks failed leading into the Great Depression.
Every system has a break point.
Right. You do have a point, and I think Dutch East Indies is a good example, but I feel this is discussing semantics. Too big to fail, I interpret in this situation as the government having a strategic reason to keep it afloat so it will probably prop it up in case something goes wrong. This makes it have a much more stable position.
Simply put, yes.
This is not good for SpaceX. It's a less valuable company with X and xAI. But it helps Elon make it look like he runs two successful businesses.
Let’s be honest - this is just a way to prop up Twitter/X. It makes SpaceX shareholders subsidize X, and also American taxpayers who are giving contracts to SpaceX for highly sensitive things. The government should ideally refuse to give SpaceX work unless it unwinds this.
Why? The government is paying less for SpaceX than alternatives. It th cheapest and best service.
Because Twitter/X is distorting our politics (with ann unbalanced scheme of censorship / amplification / suppression) and destroying the country by mainstreaming far right supremacist politics. Twitter/X does not deserve a single dollar of taxpayer money. If SpaceX is now part of that machine, it doesn’t deserve a single dollar either. I would rather pay more for alternatives and encourage their growth. I also look at any money given to this company as the equivalent of GOP campaign funding, so I feel it should be treated as illegal under the law.
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If anything, I think this is actually the other way around - channeling crazy AI bubble money towards SpaceX, after the funding from goverment contracts has dried up. Twitter is just the icing on the cake.
Quite ingenious, you have to give Musk that. This is why he is making so much money.
It’s also a way to distract from the fact that alleged pedophile and rapist Elon had 3 underaged foreign nationals trafficked to him at the space x headquarters by convinced pedophile and rapist Jeffrey Epstein, per the Epstein files.
And our tax dollars.
SpaceX is slated to go public some time this year - June IIRC
The biggest selling point /was/ that Musk was being managed there, he wasn't tinkering with SpaceX like Twitter or Tesla, and his foolhardy direction was kept out of the company.
BUT, like Tesla, Musk cannot help himself and is making SpaceX look like a very bad investment - tying his other interests with SpaceX, allegedly using SpaceX money as a "war chest" in his battles.
There is also a danger that investors will see xAI as politically dangerous, which will really hurt SpaceX IPO
They want to go public, but have to sell the hell out of it in the meantime.
I'll bet SpaceX financials aren't as great as some people think. Remember, Elon was the guy who tried to take Tesla private, and talked a lot of smack about how silly it is to be a public company. All of a sudden he wants SpaceX to go public?
Musk has a pattern here - he used Tesla the same way, diverting resources to xAI and treating it as a funding vehicle for other ventures. Once he started doing that, Tesla's financials got murky and harder to trust. Now he's doing it with SpaceX right before the IPO. For investors, that's not 'too big to fail' protection - it's a red flag that the company finances are entangled with his personal empire instead of focused on the core business.
> The biggest selling point /was/ that Musk was being managed there, he wasn't tinkering with SpaceX like Twitter or Tesla, and his foolhardy direction was kept out of the company
The biggest selling point to who? Definitely not wall street
> SpaceX is too big to fail. It's important for national security
So was GM. Didn’t stop it from going bankrupt.
When you’re connected to Epstein, you’ll always be too big to fail
SpaceX could fail tomorrow and nothing would change with national security.
Why? Let it fail. Bring back NASA.
What do you mean "let it fail?" SpaceX has the most profitable launch system in the world and now operates >50% of all satellites in orbit. They aren't exactly in need of a bailout.
So proof of profitability is that they can shoot their own satellites into orbit?
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> Bring back NASA.
NASA is still here. Unfortunately, NATA fell victim to enshitification by government contracting. NASA even if it wants to simply cannot today design and launch a rocket. :(
I am no fan of Musk the man. SpaceX is a strong company and Falcon is a solid vehicle. There is not a lot of competition, and NASA trying to in-source design and supply and construction of a new, reusable LEO rocket would be a complete nightmare.
I root for a competitive rocket market, but SpaceX is at the moment critical.
You want to bring back the biggest loser? NASA kept missing deadlines for 30 years
And they still have a better track record for being on time than Elon
NASA just splurges money. The private sector is far better when it comes to money.
> The private sector is far better when it comes to money.
I've heard this a lot, but I've worked for BigCos and it seems like all they do is spend money, often superfluously. I've seen BigCos spend large quantities money on support contracts every year that haven't been used in more than a decade, or sending people on business trips across the country so they can dial into a meeting, or buying loads of equipment that sits dormant in warehouses for years and then is eventually sold off for pennies on the dollar.
I'm not convinced that they're better than the government with money allocation, I think they're just better at telling people they are.
... as we can tell by whatever the everloving fuck is going on with this press release.
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We have absolutely no way of gauging this until after SpaceX goes public.
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national security is pretty felixaeble
Being too big to fail is not really a desirable outcome, it’s just better than failure.
Boeing is too important to fail as well but it’s been terrible as a shareholder
> > Boeing is too important to fail as well but it’s been terrible as a shareholder
Your opinion on Boeing being terrible as a shareholder vis-a-vis Tesla would be completely reversed if dividends and capital gains of the 2 companies were to be offered in the form of miles to be flown on Boeing planes and miles on Teslas Uber/Taxi/Autonomous taxis instead of dollars
The absolute overperformance on the stock market that Tesla has enjoyed vis-a-vis Boeing is not rooted in a concrete and tangible quality of life improvement for citizens. Not American citizens, nor global citizens for that matter.
It is my opinion that for all public companies in which it is possible to do so government should mandate payment in kind to all shareholders and board members to prevent the excessive promotional , cult and all around BS aspect of marketing to take over and allow people to profit just by riding off those, and Musk is the GOAT at that.
Im not comparing it to Tesla, im comparing it to any normal successful company (apple, google, nvidia, Exxon, whatever).
Boeing is an anemic company that doesn’t innovate and it should have been allowed to bankrupt and break off into businesses that worked and actually competed for customers.
Why are we still supporting this person? His cars are being outclassed internationally and he's directly meddling in this countries politics. He spectacularly failed (or wasn't it blatantly misled) the CA government with regard to the tunneling, and damaged the public sector while shutting down oversight and regulatory bodies against his companies.
Where is the benefit? These awesome tech demos? It just screams charlatan to me on an epic scale. I see no reason a government shouldn't step in to assume control if its "too big to fail".
Merging SpaceX with a public company like Tesla would create a lot of issues for the classified projects SpaceX does.
What sort of issues are you thinking?
Plenty of defense contractors with classified projects are already publicly listed, so this is not uncharted territory.
Lockhead Martin for example: https://investors.lockheedmartin.com/news-releases/news-rele...
Gives this level of detail:
> Aeronautics classified program losses $(950)
> MFC classified program losses -
It seems very safe from a national security perspective.
No? Almost every big defense contractor is publicly traded.
I imagine those are surmountable challenges. Boeing somehow manages.
But more likely that merger would consist of SpaceX acquiring Tesla and taking it private
There is no way Elon could raise the 1.4 trillion to take Tesla private
Raytheon is public.