We are so screwed…
Bitcoin is popping up, stock market down..maybe not so good for SPCX and TSLA (at least initially).
In my opinion, large companies ought to stay largely neutral...excessive politicking by the CEOs is not good for the shareholders, usually.
One "thing" I am quite sure of: the amount of "printing" will probably increase, which is maybe why btc is moving up rn, but I digress.
...Texas becoming at least a split state (with one GOP and one dem Senator and a dem Governor) is quite unexpected.
It could turn out to be a huge positive for SpaceX because “there are no democrats in space.” I’m sure we’re going to see datacenter bans which will lead to SpaceX orbital data centers being the only game in town. Additionally, Tesla can expect to benefit from the return of electric car subsidies right as they launch their customer owned Robotaxi network.
The rest of us though? The stock market is going to get hurt, Bitcoin regulation is going to get tougher, the IRS will probably get funding to hire a ton of employees to go after Americans, inflation is going to get crazy again, and housing costs will reverse their recent fall. Not to mention it is only a matter of time before the borders get opened back up and trans ideology finds its way back into our schools. I don’t think we’ve seen an inflationary recession in 50 years… Buckle up.
Elon just posted, “Data centers in space looking pretty appealing right now”
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