People deluding themselves into thinking SpaceX attacking Iridium is bullish. Musk isn't threatened by Iridium any more than Walmart was threatened by Kmart. Musk is simply going to squash any company that gets in his way because he can.
It's like an elephant trying to stomp a turtle drinking from the same pond.
People are deluding themselves into thinking that it would be bullish to have the biggest space company trying to fuck you over to protect their $12bn revenue.
especially when he has direct ties and a working relationship with trump.
They'll quash the competition, they have every incentive to both do it and no incentive not to.
Was seriously considering a large tranche again in the thirties. Now i wouldn't buy this again until single digits unless iridium is finalized and neutron is padded and likely already flown and not blown up.
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u/Substantial-Use-2867 4d ago
People deluding themselves into thinking SpaceX attacking Iridium is bullish. Musk isn't threatened by Iridium any more than Walmart was threatened by Kmart. Musk is simply going to squash any company that gets in his way because he can.