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‘The SpaceX IPO Is A Giant Unworkable Con Orchestrated By An Overt White Supremacist Huckster’

Karl Bode writes at The Fine Print*, and this headline is only the opening salvo in another banger, in case his last one wasn’t provocative enough:

Elon Musk is a hateful white supremacist cosplaying as a supergenius engineer.

I’m tempted to leave it there.

The SpaceX prospectus filed with the government is a colossal work of fiction, promising a utopian future that will never arrive and technology that will never exist, delivered by a man incapable of delivering it. The proposal utterly fabricates paths to profitability, and lies endlessly about foundational reality.

SpaceX itself, it should be clear, lost $5 billion last year. And while Musk’s actual engineers may have done some useful things for space innovation, the entire project is a financial dog; it’s a heavily-subsidized money pit propped up by utterly unworkable plans for Mars colonization and a cumbersome Starship rocket that routinely explodes, often due to Musk’s failure to understand engineering basics.

Bode then unloads on the “U.S. corporate press” which “lacks the integrity to tell the truth” and instead is focused on “propping up extraction class narratives surrounding unchecked wealth accumulation.”

Simply savage evisceration.

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