The SpaceX IPO is Horribly Badly Wrong.

The chips have been cashed, reality has solidified, and the markets have spoken. It is officially Elon Musk’s world, and the rest of us are just insignificant little peons sucking up our lord and savior’s precious oxygen. The SpaceX IPO has dropped, bundling Elon’s grab-bag of mismanaged companies. We are buying into xAI, the chatbot that feels like a digital disaster; Starlink, notable for its…