• Clent@lemmy.world
    link
    fedilink
    English
    arrow-up
    29
    arrow-down
    8
    ·
    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
      link
      fedilink
      English
      arrow-up
      29
      arrow-down
      1
      ·
      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.)

    • PeleSpirit@lemmy.world
      link
      fedilink
      English
      arrow-up
      8
      ·
      1 year ago

      I didn’t say it was a conspiracy. I said they gave him money after he was already fucking up by paying around 30 billion more than it was worth, firing all the people that did stuff, and generally being a bad CEO so he would do what they want. More of a typical business deal really.