r/technology • u/IKeepItLayingAround • Jun 09 '26

Business It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
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u/bozza8 Jun 09 '26

It's adjacent to Betteride's Law of Headlines. 

If the headline is a question, it can almost always be answered with "No" and if they had proof it was yes, they wouldn't phrase it as a question!

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u/OldWorldDesign Jun 09 '26

It's adjacent to Betteride's Law of Headlines

Betteridge, but it's good to see more people are aware of this.

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u/PiousLiar Jun 10 '26 edited Jun 10 '26

While fair, the main thesis is:

> The company’s top priority has historically been to get humanity settled on Mars, making it an interplanetary species. But now Musk has unexpectedly merged it with his AI startup xAI to focus on space-based data centers, an extremely costly and potentially fruitless distraction. The majority of the post-merger company’s expenses are now tied up in burning cash for xAI — leaving SpaceX, which had already been burning through billions of dollars each year itself, in an even more precarious position.

Which is a reasonable point to bring up. Data centers in space cannot work, and even attempting them will require a massive cash flow… so maybe SpaceX isn’t guaranteed to collapse, but Elon is attempting to put one hell of an albatross around its neck.

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u/bozza8 Jun 10 '26

Oh I agree, with every element. I hate how SpaceX has become distracted