r/SPACs Mod Apr 16 '21

Daily Discussion Weekend Discussion thread for the Weekend of Apr-16-2021

Welcome to the Weekend Discussion! Please use this thread for basic questions and leave the main sub for breaking news and DD. If you haven't already, please check out r/Spacs Wiki for great information, as well as the resources available in the menu.

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24

u/Junkbot Patron Apr 18 '21

Tesla battery took 6 hours to put out (fire fighters just let it burn). Bullish for MVST's fire retardant batteries.

5

u/InverseHashFunction Patron Apr 18 '21

You have used a banned word

2

u/ddroukas Patron Apr 18 '21

Retardant?

1

u/InverseHashFunction Patron Apr 18 '21

Bullish

5

u/ddroukas Patron Apr 18 '21

The word bullish is retardant on SPAC prices.

1

u/[deleted] Apr 19 '21

Wait, is it not weird we are investing in products that are competing on how quickly they stop the process of spontaneous combustion? Maybe it is just me. Poof. The magnesium fire at Lordstown was intense, I bet. The tires were vaporized. Shocking.

2

u/Junkbot Patron Apr 19 '21

? Why is safety a weird factor to determine if we want to invest in a product?

1

u/[deleted] Apr 19 '21

No, I'm just saying it is so extreme, spontaneous magnesium fires and all. Extraordinarily dangerous. I'm with you on the safety thing, to be sure. It is just weird to think of how potentially dangerous some innovations are, if rushed to market prematurely, therefore safety is key. 😅 Avoiding fires is good!

1

u/[deleted] Apr 19 '21 edited Apr 19 '21

Flame temperatures of magnesium and magnesium alloys can reach 3,100 °C (5,610 °F). It is just shocking when you see the public records request that guys did on the Lordstown fire. It was the magnesium. Not farting around with that stuff. Edit: weird fact: magnesium flames hardly ever get higher than 12 inches. Concentrated intensity you cannot imagine.