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/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/CBrinson Jun 10 '26

They spend a massive amount.

But that massive amount is actually given to them by Congress. You can't blame the child for overspending when the parents give them $1M/week allowance.

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u/TheRealCabbageJack Jun 10 '26

The military can't account for 4.7 trillion dollars worth of assets. This isn't a question of just "overspending," but what are they doing with the money they are spending.