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Joined 7 months ago
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Cake day: November 5th, 2025

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  • That’s because it bloody is.

    They’ve got one business unit making money (and to be fair, that business unit is making crazy margins) - Starlink - and one business that could be profitable if it turn down the starship R&D. But it’s so crazily leaning into “AI in space” for its insane multiples - and leaning in to achieving a dominant position there, when both China, Japan and other US companies are prepping reusable launch vehicles.

    I wouldn’t touch it with a barge pole and if I could blacklist it in my passive fund I would. That said mine follows the FTSE Russel Global index, which only rebalances every 6 months and with much stricter requirements than the fast-follow Nasdaq funds, so by the time any passive investment of mine jumps on SpaceX its real value will be much more apparent.






  • I’m not sure they are lying. Yes, they’re not E2E but I don’t think they claim to be by default, do they?

    I’ve got a large group of friends there, since high school. We presume everything we write is available to the Russians so we never talk work details or share secrets. It would be insane otherwise.

    We’ve tried to organise a move to Signal, but honestly its client is nowhere near as polished or feature rich as Telegram.