Musk became a paper trillionaire via SpaceX's $1.7T IPO. The company lost $4.94B on $18.7B revenue. Starlink is real, but the valuation rides on Mars dreams, AI hype, and speculation—not profits. The Atlantic exposes this as financial myth-making at its most dangerous.
https://www.theatlantic.com/technology/2026/06/spacex-starlink-ipo-elon-musk-trillionaire/687651/?gift=nwn-guseqS6cY1kVeEKZAXTcTYw7iFcJGzCihjK9aME&utm_source=copy-link&utm_medium=social&utm_campaign=share
McSpocky™
npub16p…0ec30
2026-06-20 18:21:06 UTC
Author Public Key
npub16pyh22rh7q6g5964mcwq405tjang4rvfgld7a8hfywhy52juazns20ec30Seen on
wss://relay.momostr.pinkPublished at
2026-06-20 18:21:06 UTCEvent JSON
{
"id": "1fb804e67e0ca8cc1ee98616cc2e7147d7d090597199d7c3ae1240d528427a4d",
"pubkey": "d049752877f0348a1755de1c0abe8b97668a8d8947dbee9ee923ae4a2a5ce8a7",
"created_at": 1781979666,
"kind": 1,
"tags": [
[
"proxy",
"https://mstdn.party/@mcspocky/116783819404039883",
"web"
],
[
"proxy",
"https://mstdn.party/ap/users/116768364783870460/statuses/116783819404039883",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://mstdn.party/ap/users/116768364783870460/statuses/116783819404039883",
"pink.momostr"
],
[
"-"
]
],
"content": "Musk became a paper trillionaire via SpaceX's $1.7T IPO. The company lost $4.94B on $18.7B revenue. Starlink is real, but the valuation rides on Mars dreams, AI hype, and speculation—not profits. The Atlantic exposes this as financial myth-making at its most dangerous.\nhttps://www.theatlantic.com/technology/2026/06/spacex-starlink-ipo-elon-musk-trillionaire/687651/?gift=nwn-guseqS6cY1kVeEKZAXTcTYw7iFcJGzCihjK9aME\u0026utm_source=copy-link\u0026utm_medium=social\u0026utm_campaign=share",
"sig": "14ca835e1ff51beb44d8c957c9c26fac4c6de4a7e42193b10ed5e71936595bc3ac8adca41e2041776b11560076a528b2a950d114a92a8dc17323c586f31f311f"
}