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SpaceX Is Junk. That’s What the Bond Market Says
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this post was submitted on 04 Jul 2026
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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.