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"The closer you look at the SpaceX IPO, the more it looks like Musk’s ill-fated Doge," writes @rbreich.bsky.social. "All of it is arbitrary – based on the hype and will of one man with a giant ego and an insatiable thirst for money and power."
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The SpaceX IPO made Musk a trillionaire. The old rules of capitalism no longer apply | Robert Reich
The economic principles taught in school aren’t as relevant as hype, connections and total, arbitrary control
www.theguardian.com
Guardian US