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US government's support for SpaceX linked to retirement accounts

SpaceX's significant client is the U.S. government, which has an incentive to support the company to bolster the stock market and retirement accounts. This support is provided even as SpaceX pursues ambitious AI initiatives, including data centers in space, for which the necessary technology is not yet available. AI

RANK_REASON The item is an opinion piece discussing the financial and political incentives behind US government support for SpaceX.

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  1. Mastodon — mastodon.social TIER_1 English(EN) · [email protected] ·

    /2 – SpaceX's largest clent is the US government, and # SpaceX shares will be in passive index funds (incl. for # retirement )... So in our political environmen

    /2 – SpaceX's largest clent is the US government, and # SpaceX shares will be in passive index funds (incl. for # retirement )... So in our political environment, the US gov't is incentivized to prop SpaceX up (give it work) in order to prop up the stock market, in order to prop …