Most players are rational actors and this isn't their first time in this sort of market. Getting more production online if you do not have slack like downtime takes quite a while. And there is no guarantee that they can sell the new production even at previous rates if they end up in over supply.
Generally people just don't understand how long ramping up new production facilities can take and what is the realistic pay off period for them.
Maybe that will make everyone to think what is going on with this retirement plan build on stock market growth and expectation there will be something to buy with that "wealth" in future...
SpaceX has reasonable business in it. Not a hypergrowth one, but one which should be solid in long term.
To get that to work they just would need to discard Musk and most things with him. Stop trying to make starship a thing, dump everything attached to it. Make a long term plan to improve the core lift capacity with actually achievable improvements.
> To get that to work they just would need to discard Musk and most things with him
I'll have a pet unicorn shitting rainbows before Musk leaves one of his toys or we see in-orbit leading-edge (or anything close to it) processor production. SpaceX is a decent albeit capital intensive business if it's valued at $100-200B. At the proposed $1.5T+ valuation for this dog... the bagholder search is on.
I don' think that logic is intended for the top... It is what you should do when you are closing to bottom or are recovering already but most of the market does not yet see it.
Being greedy at the top will take longest time to recover. Catching the falling knife.
Certainly practising mental arithmetic helps in capability of doing mental arithmetic. Doing adding by hand probably also improves mental arithmetic.
The again we are not that far off from time when your AI glasses will read the price label. And then automatically add up total for you. Hopefully you then each time ask what does that total mean in context of your finances...
From get go I considered the whole design with no interface on device a bad idea... Apps can and will often go. Better to have also the local controls.
Don't want to remember how much money I spent on a Copengagen wheel for my wife when she was in school. At least some kind souls published a way to unbrick it.
It's a plus from the manufacturer side - kitchen gadgets you keep more than 10 years.
With required smartphone app, it is almost assured to not work in 10 years, and you have to buy another one. Just another method of planned obsolesence.
Generally people just don't understand how long ramping up new production facilities can take and what is the realistic pay off period for them.
reply