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The Myth of SpaceX

https://www.theatlantic.com/technology/2026/06/spacex-starlink-ipo-elon-musk-trillionaire/687651/
8•paulpauper•2h ago

Comments

bio-s•2h ago
https://archive.is/jmoj6
NotGMan•1h ago
>> SpaceX is a rocket company, a complex financial instrument, a meme, a monument to a broken financial system. It is the seven-headed Hydra at the end of finance, the teleological endpoint of money. It is a myth kept alive by blind faith, devotion, and even aggression, which makes it dangerous whether you believe in it or not.

Sure sure. The part where Musk revolutionized rocket travel is obviously a no big deal.

Everyone could do that, even a journalist. Right?

The valuation is the potential based on what SpaceX could do as the 1st mover in space tech.

Obviously the journo knows that, but hey, gotta write articles like this to pay the student debt...

ronburgandy28•1h ago
He quite literally did, and that's great.

The valuation can also be not great, for reasons covered in the article, at the same time.

Please refer to the HN guidelines. We can have productive discussions with mutual disagreement, without unfounded attacks against the source.

JumpinJack_Cash•1h ago
> > Musk revolutionized rocket travel

revolutionized Rocket travel? How many millions are flying from Europe to the US and viceversa via rockets?

100 millions? 500 millions per year?

Tell me where can I board, I feel like I am missing out :( watching the World Cup from afar, could use a rocket for when the elimination phase begins

> > The valuation is the potential based on what SpaceX could do as the 1st mover in space tech.

Space is a waste of time, there is nobody to enslave out there, at least not within rockets reach, hence it will never have a positive ROI.

Unlike ICBM and nuclear triad which are a good reason to explain America's disproportional consumption compared with the rest of the world , but they work just fine and they don't need to be reusable because 4000 nukes are way overkill anyways.

turzmo•1h ago
> The valuation is the potential based on what SpaceX could do as the 1st mover in space tech.

It is not.

Show HN: Botacts – Phonebook of AI Bots

https://botacts.com
1•christoph123•1m ago•0 comments

Dallas Fed: 30% of housing cost increase driven by unauthorized immigration [pdf]

https://www.dallasfed.org/~/media/documents/research/papers/2026/wp2607.pdf
2•silexia•3m ago•0 comments

EEG Machine

https://micahetter.me/EEGMachine/
1•geerlingguy•7m ago•0 comments

DOS Library utilizing a second CPU core

https://github.com/arjunae/2core_dos
1•beebix•12m ago•0 comments

Ask HN: What is your #1 practical lesson or "aha" moment from coding with AI?

1•johndavid9991•14m ago•0 comments

Supermarket giant Tesco sues VMware for breach of contract

https://www.theregister.com/software/2025/09/03/supermarket-giant-tesco-sues-vmware-for-breach-of...
6•wglb•18m ago•1 comments

A Day with Laravel #59 – Hand-curated Laravel packages, tutorials and trends

https://a-day-with-laravel.happyto.dev/p/a-day-with-laravel-059
1•happytodev•25m ago•1 comments

Show HN: LoopFlow – loop engineering for Claude Code

https://github.com/faisalishfaq2005/loopflow
2•faisalishfaq•26m ago•0 comments

Linux Eliminates the Strncpy API After Six Years of Work, 360 Patches

https://www.phoronix.com/news/Linux-7.2-Drops-strncpy
14•simonpure•28m ago•0 comments

You're Accountable for the Team. You're Not in Charge of It

https://yourdevteamcoach.com/blog/youre-accountable-for-the-team-youre-not-in-charge-of-it
2•sea-gold•30m ago•1 comments

The UK will scan asylum seekers' faces for age checks

https://www.wired.com/story/facial-age-estimate-uk-asylum-seekers/
4•Lihh27•35m ago•0 comments

Trump says he no longer views Anthropic as a threat after G7 meeting

https://thenextweb.com/news/trump-anthropic-not-national-security-threat-axios-interview
17•billybuckwheat•37m ago•2 comments

Incorrectly Generated RSA Keys: How I Learned to Recover Lost Plaintexts

https://academic.oup.com/comjnl/article-abstract/66/6/1342/6995423?redirectedFrom=fulltext
2•rbanffy•38m ago•0 comments

Seeing the world in radio waves with the QuadRF

https://hackaday.com/2026/06/20/seeing-the-world-in-radio-waves-with-the-quadrf/
7•ikbdsk•40m ago•0 comments

RFC 9958: Post-Quantum Cryptography for Engineers

https://datatracker.ietf.org/doc/html/rfc9958
2•hasheddan•40m ago•0 comments

Solo Founder Sales Playbook –sales tools for technical founders who hate selling

https://getsalesspark.com/
1•erichensley•40m ago•0 comments

Workflow builder built with just Sandboxes

https://twitter.com/karatzas_thomas/status/2061840456992919997
1•szaneer•41m ago•0 comments

Pulse – a local dashboard for Claude Code, approve tool calls from your phone

https://github.com/nikitadoudikov/claude-pulse
2•nikitadvd•41m ago•0 comments

MosaicLeaks: Can your research agent keep a secret?

https://huggingface.co/blog/ServiceNow/mosaicleaks
1•gmays•41m ago•0 comments

The Tech Billionaire Plan to Destroy Democracy – GIL Duran – TMR [video]

https://www.youtube.com/watch?v=stPijjCneXM
3•wturner•43m ago•0 comments

'Helmsniff'; a Helm Security Scanner

https://github.com/VahidR/helmsniff
2•vahid_r•45m ago•0 comments

Why the EU rewrote its landmark AI law

https://www.theparliamentmagazine.eu/news/article/why-the-eu-rewroteits-landmark-ai-law
2•thinkingemote•46m ago•0 comments

UK Home Office launches £75M 'PoliceAI' to capitalise on artificial intelligence

https://www.publictechnology.net/2026/06/15/public-order-justice-and-rights/home-office-launches-...
24•thinkingemote•47m ago•16 comments

Scaling a Monolith to 1M LOC: 113 Pragmatic Lessons

https://www.semicolonandsons.com/articles/scaling-a-monolith-to-1m-loc-113-pragmatic-lessons
2•jackkinsella•50m ago•0 comments

Show HN: Amiqo – a private app to text the friends you're drifting from

https://amiqo.life/
1•kyle11•51m ago•0 comments

GPUs and RAM Are in Short Supply, but the Real Bottleneck for AI Is Electricians

https://www.nextplatform.com/compute/2026/05/28/gpus-and-ram-are-in-short-supply-but-the-real-bot...
2•Gooblebrai•53m ago•0 comments

Ask HN: Do you use Claude Code, Codex, or something else?

3•JohnDSDev•53m ago•6 comments

Alice. Alice Is Impatient

https://brooker.co.za/blog/2026/06/19/waiting.html
4•birdculture•55m ago•0 comments

Cooren – I turned my family's dinner-voting app into a coordination API

https://github.com/McLeod-Interactive-Group-LLC/cooren-api
1•smac-mig•56m ago•0 comments

Agent-Native Code Hosting

https://gitlawb.com/
3•panikadak•57m ago•0 comments