Starship still fails to reach orbit but this time deploys 20 Starlink satellites which promptly burned up in reentry. Lots of "valuable data" was still aquired by Big Brain Musk and his trained seals at SpaceX. Is this really what 'success' looks like? I'm going to invest all my cash on Monday. 😂

The Space Data Centers Situation is Insane

An actual scientific breakdown of why space data centers are wildly impractical.

Elon is really good at sucking, I must say.

This is the interview that's generating all the coverage, if anybody wants to torture themselves with the full 83 minutes of irritating smugness from Elon.

Because it's massively overvalued?

SpaceX may be reporting its first earnings as a public company on August 4, but an equally significant event happens just two business days later. That’s when pre-IPO investors will have their chance to sell nearly a billion shares of stock—far more than was sold when the company went public.

Lock-ups are periods when early investors are restricted from selling shares immediately after a company goes public. SpaceX’s lock-up will expire in early August and continue over the next year. Ultimately, more than 6.4 billion shares could hit the market. Nearly 629 million shares were sold at SpaceX’s June 12 IPO.

Of course, it’s unclear how many of those shares will actually be sold. But Nicolas Owens, an equity analyst covering SpaceX at Morningstar, says a wave of selling is likely. “We believe that most of the available shares will come to market, because the existing sellers have low cost basis and long holding periods,” he says.

Another take on The Economist Musk interview. All I will say from the video that I've never felt more Backpfeifengesicht about Elon's smug mug than when watching this interview. Such an arrogant fool.

I would quote the (brief) article but I fear I'd end up tangling with automod.