It is humbling to consider that if we harness just 1 millionth of the Sun’s power for AI, that will be much more than a million times the intelligence of all of humanity
Can we debunk this nonsense?
Elon Musk was awarded (note: not given) cost-per-result contracts to perform a service for the US government. The total of those for SpaceX specifically is ~$22B, which includes repaid loans, state tax incentives, etc.
The deal was simple: put stuff into LEO at or below a set cost. If SpaceX does it below the set cost, SpaceX keeps the difference. If it doesn’t, the company is responsible for the overrun.
End result? SpaceX & Elon lowered the cost of getting 1 kg into LEO by 95-97% vs what NASA was paying previously.
And for the record, every other company around at the time was offered the same opportunity to bid on the contract - Musk/SpaceX just took it.
The handout narrative implies the taxpayer is the patron and SpaceX the dependent. The cost data shows the opposite: before SpaceX, NASA paid Russia’s Soyuz $80-86M per seat; SpaceX delivered at ~$55 million. SpaceX saved the US taxpayer $300M-$465M each year on that alone (the US sends 12-15 astronauts to space each year)
On the lunar lander, NASA estimated SpaceX’s fixed-price bid saved $20B-$30B vs the Boeing-preferred cost-plus approach.
So: SpaceX saved the US taxpayer more than the total value of contracts it earned on a single project, PLUS provided the US government with the requested services (put stuff in LEO) at the best possible price.
Rocketmaker SpaceX began trading on the Nasdaq Friday, boosting Elon Musk’s fortune to an estimated $1.1 trillion.
The idea of anyone becoming a trillionaire seemed unfathomable even just a couple years ago.
Here's a closer look at Musk's race to the top: https://t.co/FaIFthbWYG
"Money doesn't have power in & of itself. People get confused sometimes they think an economy is money. Money is a database for exchange of goods & services. The actual economy is goods & services"
一 Elon Musk
A new ranking of Nigeria's most-consumed fast-moving consumer goods (FMCG) products has revealed while global giants such as Coca-Cola and Pepsi remain household staples, local manufacturers are increasingly winning the battle for shelf space, wallet share, and consumer loyalty.
https://t.co/QHEHJwTJN3
There’s this app that helps people get remote jobs called Outlier.
A lot of people around the world use the app, but it’s not officially available in Nigeria. Nigerians in the UK and US use it, and some people in Nigeria reportedly use VPNs to access it.
Now, some Nigerian content creators are talking about it on TikTok and creating content that encourages Nigerians to use VPNs to access the app.
As a result, the founders of the app are reportedly bl@cklisting Nigerian names and b@nning accounts linked to them