387
SpaceX Is Junk. That’s What the Bond Market Says
(archive.ph)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 04 Jul 2026
387 points (97.3% liked)
Technology
86075 readers
2993 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
I completely agree, and don’t think sending trillions of investment dollars to a private company is going to get us anything like the Apollo program did. Maybe we’ll be wrong and some great inventions will arise from the challenge.
Mining asteroids or the moon seem like the next thing, but the cynic in me thinks it will likely just increase wealth inequality.
Taking a page from the Fourth International–Posadists, I suspect we're going to have to develop a working socialist / communist society before we will be able to develop a space program robust enough for asteroid mining and offworld colonization.
With the climate-crisis fast approaching critical, we may not make it at all, or may have to wait tens of thousands of years (homo-erectus went through a long stint where there was less than ten-thousand of them), but I don't think there is a capitalist path.