Elon is crumbling so much. People are turning on him.
this post was submitted on 27 May 2025
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I'm guessing he stands to earn more on the coming SpaceX contracts than he lost on Tesla.
The repeated failures of the SpaceX Starship test launches aren’t helping. Although the full cost isn’t public, one detailed analysis from two years ago estimated $5 billion so far.
Of the 9 Starship tests so far, 6 of them (including the last 3) have mostly been failures, although the booster did return successfully in two of those tests.
By comparison, by the 9th launch of the Saturn rockets used to eventually carry people to the moon, they were not only successfully completing multiple earth orbits but also successfully deploying satellites.
It’s looking like Starship will have a long way to go to reach either of those goals, much less start carrying humans. That $5 billion invested by 2023 is starting to look like peanuts at this point.
It won't matter for the next 4 years as felon donny will give him whatever contracts he needs.
Might impact things with other countries though
Contracts are meaningless if you can’t meet your promises. Starship is already supposed to be used for things like the Artemis moon missions. But to do that they not only need to get past these recent failures, but perfect in-orbit refueling as well. That alone will likely take a few years of testing.
Contracts are meaningless if you can’t meet your promises.
That used to be true. Not sure how well that's going to hold up.
Picture this. Donny just cutting cheque after cheque to his little Nazi Muskrat pal to keep blowing up ships in our upper atmosphere/space/launch pads in Texas/Florida/etc.
They lie or spin every "failure" into a "win" for their base, and the news cycle picks up that trump just threatened Ethiopia with nukes on a Wednesday and nobody ever comes back to the huge amount of waste being done with the SpaceX contracts.
Tesla's been toast for over a year now since he fired the charging infrastructure group. And just about everyone else. But the stock's been a slot machine for so long people just keep pumping quarters in there.
Only 52%?
That's what I thought. Who the hell is buying them at this point? Some kind of corporate purchaser maybe? Can't imagine why.
This would be a great time for an auto manufacturer to try and release their own EV. If EV’s are such a threat to your business, why not make them yourself? I don’t understand why more auto companies aren’t trying this. You’d get both markets, and you could scale back your gas vehicles if EV’s do end up becoming the norm. I probably don’t know enough about the business and there’s some obvious reason why this doesn’t work, but I’d love to know why.