Elon Musk $41B offer for Twitter
Discussion
Rivenink said:
dobbo_ said:
Rivenink said:
Musk said 20 years for those things to be flying people to Mars on a regular basis.
Now, I'm not necessarily believing that figure... but given SpaceX's track record, I wouldn't bet against them achieving it within 30.
About the same time the Roadster is delivered then! Now, I'm not necessarily believing that figure... but given SpaceX's track record, I wouldn't bet against them achieving it within 30.
Seriously though, he won't get anyone to Mars, because there is no money in it.
It's all chat, to hype his brand.
Mars itself would offer a very exotic holiday destination. If SpaceX can crack reusability and reduce the costs down enough, space tourism will be a massive industry.
Not to mention that Mars itself probably has pristine reserves of rare earth metals that are highly valuable even in very small quantities.
Then consider the next step of asteroid mining once you have a fuel depot in orbit of Mars, supplied by fuel manufacturing on Mars.
"Rare" refers to the geology not its abundance.
dobbo_ said:
EddieSteadyGo said:
See now, that is absolutely f
king epic. Proper nerdgasm stuff.He needs to stop pissing around with politics and properly get back to his spaceships and cars
https://www.youtube.com/live/2G-L0u_L0qU?si=53SEqx...
98elise said:
dobbo_ said:
EddieSteadyGo said:
See now, that is absolutely fking epic. Proper nerdgasm stuff.He needs to stop pissing around with politics and properly get back to his spaceships and cars
https://www.youtube.com/live/2G-L0u_L0qU?si=53SEqx...
So just enjoy it while it lasts...this money burning party won't go on much longer!
98elise said:
There is a better near overhead shot that SpaceX broadcast during the launch. I can’t find it as a clip, but the launch is at minute 33 in this video...
https://www.youtube.com/live/2G-L0u_L0qU?si=53SEqx...
Yes! That is excellent thank you https://www.youtube.com/live/2G-L0u_L0qU?si=53SEqx...
dobbo_ said:
98elise said:
There is a better near overhead shot that SpaceX broadcast during the launch. I can’t find it as a clip, but the launch is at minute 33 in this video...
https://www.youtube.com/live/2G-L0u_L0qU?si=53SEqx...
Yes! That is excellent thank you https://www.youtube.com/live/2G-L0u_L0qU?si=53SEqx...
https://youtu.be/wly-YFGZbvA?si=5aSmZUdh-oTa42Bv
98elise said:
Rare earth minerals are abundant on earth. You don't need to go to Mars.
"Rare" refers to the geology not its abundance.
"Rare" refers to the geology not its abundance.
There's enough REE sitting in US mine tailings to supply world demand for years, US environmental law renders REE processing uneconomic plus a lack of a value chain in the US prevents its use.Durzel said:
Mars is very inhospitable. Don't know why Musk and co are so obsessed with it. Seems like it's more symbollic than it is any kind of practical destination.
I think its the goal of any super rich billionaire to own something big. He wants to get there, control access to it and then lay claim to the planet for his own benefits. I suspect its for the potential minerals etc that might be there. He's into Mars because he is involved in a company that builds rockets that go to space, and hence he's got no competition other than governments (who dont want to do this).Its probably fair to assume its just what billionaires do.
Durzel said:
Mars is very inhospitable. Don't know why Musk and co are so obsessed with it. Seems like it's more symbollic than it is any kind of practical destination.
Add in the rather, erm, lacklusture internet connectivity in that neck of the solar system and it sounds like the perfect place to put the twonk. I'm behind his efforts to get to Mars 110% - just long as he's going.
Don't know why but it irritates me disproportionately that Musk's acolytes attribute the success of SpaceX to him, as if he is the one engineering the rockets, etc.
His money is behind it, so it is fair to say it wouldn't be where it was without him, but that's as far as it goes. The sad part is that everyone giving him plaudits for successful launches diminishes the efforts of the real engineers and scientists that are making it happen.
Also set myself a reminder to sell my Tesla shares before the vote. Feel like the stock does not have a good outlook regardless of the outcome. If the vote passes it's going to be tied up in legal action for the way the BoD has behaved, what they've said and not said, and if it doesn't pass Musk will throw his toys out of the pram. Either way I don't see an upside for it.
His money is behind it, so it is fair to say it wouldn't be where it was without him, but that's as far as it goes. The sad part is that everyone giving him plaudits for successful launches diminishes the efforts of the real engineers and scientists that are making it happen.
Also set myself a reminder to sell my Tesla shares before the vote. Feel like the stock does not have a good outlook regardless of the outcome. If the vote passes it's going to be tied up in legal action for the way the BoD has behaved, what they've said and not said, and if it doesn't pass Musk will throw his toys out of the pram. Either way I don't see an upside for it.
Durzel said:
Don't know why but it irritates me disproportionately that Musk's acolytes attribute the success of SpaceX to him, as if he is the one engineering the rockets, etc.
His money is behind it, so it is fair to say it wouldn't be where it was without him, but that's as far as it goes. The sad part is that everyone giving him plaudits for successful launches diminishes the efforts of the real engineers and scientists that are making it happen.
Also set myself a reminder to sell my Tesla shares before the vote. Feel like the stock does not have a good outlook regardless of the outcome. If the vote passes it's going to be tied up in legal action for the way the BoD has behaved, what they've said and not said, and if it doesn't pass Musk will throw his toys out of the pram. Either way I don't see an upside for it.
What makes you think he's not leading the design? Obviously there's a large team involved but he knows his stuff and it's his company.His money is behind it, so it is fair to say it wouldn't be where it was without him, but that's as far as it goes. The sad part is that everyone giving him plaudits for successful launches diminishes the efforts of the real engineers and scientists that are making it happen.
Also set myself a reminder to sell my Tesla shares before the vote. Feel like the stock does not have a good outlook regardless of the outcome. If the vote passes it's going to be tied up in legal action for the way the BoD has behaved, what they've said and not said, and if it doesn't pass Musk will throw his toys out of the pram. Either way I don't see an upside for it.
Tom Mueller is probably the best jet propulsion guy alive and he rates Musk. Mueller gets credited as the brains behind it but he will correct people who say Musk is not leading the engineering.
Tom Mueller on Twitter: “Not true [about Elon not being in charge of engine development], I am an advisor now. Elon and the Propulsion department are leading development of the SpaceX engines, particularly Raptor. I offer my 2 cents to help from time to time“
It's worth watching the Everyday Astronaut interviews which runs to about 3 hours of mostly engineering bias chat. He clearly knows his stuff.
It's not surprising that a the son of a successful engineer, with a degree in physics, owning multiple engineering companies, and has spent 20 years or so building leading edge rockets actually knows a bit about rocket engineering
This isn't the thread for that discussion though. Last time I mentioned it I was told he's just parroting what he's been told!
If it's just money you've surely got to wonder why Bezos, Branson, and even Boeing so far behind? Musk might be a t
t personally, but it appears he's a clever tt. Edited by 98elise on Monday 10th June 16:27
98elise said:
Durzel said:
Don't know why but it irritates me disproportionately that Musk's acolytes attribute the success of SpaceX to him, as if he is the one engineering the rockets, etc.
His money is behind it, so it is fair to say it wouldn't be where it was without him, but that's as far as it goes. The sad part is that everyone giving him plaudits for successful launches diminishes the efforts of the real engineers and scientists that are making it happen.
Also set myself a reminder to sell my Tesla shares before the vote. Feel like the stock does not have a good outlook regardless of the outcome. If the vote passes it's going to be tied up in legal action for the way the BoD has behaved, what they've said and not said, and if it doesn't pass Musk will throw his toys out of the pram. Either way I don't see an upside for it.
What makes you think he's not leading the design? Obviously there's a large team involved but he knows his stuff and it's his company.His money is behind it, so it is fair to say it wouldn't be where it was without him, but that's as far as it goes. The sad part is that everyone giving him plaudits for successful launches diminishes the efforts of the real engineers and scientists that are making it happen.
Also set myself a reminder to sell my Tesla shares before the vote. Feel like the stock does not have a good outlook regardless of the outcome. If the vote passes it's going to be tied up in legal action for the way the BoD has behaved, what they've said and not said, and if it doesn't pass Musk will throw his toys out of the pram. Either way I don't see an upside for it.
Tom Mueller is probably the best jet propulsion guy alive and he rates Musk. Mueller gets credited as the brains behind it but he will correct people who say Musk is not leading the engineering.
Tom Mueller on Twitter: “Not true [about Elon not being in charge of engine development], I am an advisor now. Elon and the Propulsion department are leading development of the SpaceX engines, particularly Raptor. I offer my 2 cents to help from time to time“
It's worth watching the Everyday Astronaut interviews which run to about 3 hours of mostly engineering bias chat. He clearly knows his stuff.
It's not surprising that a the son of a successful engineer, with a degree in physics, owning multiple engineering companies, and has spent 10 years or so building rockets actually knows a bit about rocket engineering
This isn't the thread for that discussion though. Last time I mentioned it I was told he's just parroting what he's been told!
If it's just money you've surely got to wonder why Bezos, Branson, and even Boeing so far behind? Musk might be a t
t personally, but it appears he's a clever tt. Edited by 98elise on Monday 10th June 15:35
Isn't a lot of SpaceX funded by the government as is the satellite company forget the name?
Durzel said:
...
Also set myself a reminder to sell my Tesla shares before the vote. Feel like the stock does not have a good outlook regardless of the outcome. If the vote passes it's going to be tied up in legal action for the way the BoD has behaved, what they've said and not said, and if it doesn't pass Musk will throw his toys out of the pram. Either way I don't see an upside for it.
Personally, I would advise against selling before the vote. Most of the 'bad news' is already largely priced in (likely bad Q2 numbers, uncertainty on Musk's comp package, lack of clarity on Model 2 etc). I think there is a lot of pent up energy waiting for any good news to give those a reason who are currently on the sidelines to jump back in, which will cause a jump in the price. Also set myself a reminder to sell my Tesla shares before the vote. Feel like the stock does not have a good outlook regardless of the outcome. If the vote passes it's going to be tied up in legal action for the way the BoD has behaved, what they've said and not said, and if it doesn't pass Musk will throw his toys out of the pram. Either way I don't see an upside for it.
In my view, we could easily see a surge in price taking it over $200/share between now and the end of the year. It just needs some progress on FSD, or Robotaxi to not look like vapourware, or better sales following reductions in interest rates etc.
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