Constructive Disruption | ₿/acc

Its hand waving, and impossible.

Time for a reality check on Nationalizing Spacex.

Idealogy vs reality:

Ideology vs reality:

The result would be far, far worse. Handy summary:

You might want to check your ideology and look at the reality. The US government would have to buy at all SpaceX shares, costing trillions in cash, half of which would go directly to Elon Musk.

Also, its revenue is looking to have flatlined according to independent trackers. Not good.

Hmmm....what a difference a quarter makes. Its end of October, its all based on Q2, but revenue looks to have FLATLINED in Q3. Be very, very careful.

This should terrify you. Be warned...

Its late October. Care to guess why they are using Q2 The clue is below. Revenue has flatlined. You cant get to $1.5 trillion unless you assume years of sustained revenue growth. This IPO is going to absolutely destroy retail investors, who are going to be left holding the bag providing exit liquidity.