Elon Musk admits X 'may fail, as so many have predicted' - eviltoast
  • Clent@lemmy.world
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    1 year ago

    I don’t see the conspiracy.

    My assumption is the investors immediately got what they wanted. They are not stupid.

    Money men don’t hand over money to these front men based on promises. This isn’t a Hollywood movie. There was an immediate pay off.

    They got SpaceX stock.

    • aricene@lemmy.world
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      1 year ago

      Investors will absolutely hand over money to front men making bad, even obviously insane, promises, though. People are always more easily manipulated than they like to believe, but people who’ve convinced themselves they’re infallible titans of industry are even more vulnerable to it. (Especially the ones who think that they see through the scam and won’t be left holding the bag.)