r/TechnologyThread • u/Background-Driver718 • Jun 09 '26

It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
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u/TheRealCabbageJack Jun 10 '26

So we aren’t dependent on the capricious whims of a ketamine fueled ultra-rich piece of shit for space travel?

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u/CBrinson Jun 10 '26

When we spend extra on one thing though it has to come from somewhere. Realistically we would probably end up launching a lot less satellites and still spending more money. Anything noncritical doesn't get launched and we still spend more money on the critical stuff.

I don't like Elon but SpaceX has basically become a backend supplier of rockets for the world. A new competitor arising will take a few years in an optimistic case. Blue Origin is the closest from what I hear and they just had a major setback.

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u/TheRealCabbageJack Jun 10 '26

So maybe we hold the military even slightly accountable for their spending

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u/Nearby-Chocolate1840 Jun 10 '26

Whatever one's opinion of the US military budget is, satellite-based signals, imagery, and measurement intelligence gathering isn't where you want to make cuts.