Ignore Jeff Bezos Going to Space. Tesla’s Elon Musk Is the Real Winner.

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If the space race has done anything, it’s made traveling to the stars cheaper than it’s ever been. But it has little to do with Jeff Bezos or Virgin Galactic’s Richard Branson. Instead, space lovers should thank Tesla and SpaceX CEO Elon Musk.

Oftentimes, investors want to know what the most important story of the day is, the thing responsible for driving stocks, perhaps the potential to become an investing theme that drives returns for months or years. Jeff Bezos going into space is not that thing.

iframe.twitter-tweet { width: 100% !important; } The flight while, successful, was a little anti-climactic for live-stream watchers. There were a lot of “woohoos” and “awesomes” uttered by the crew which were audible to the audience. Even a few “amazings.” Still, even 82-year old newly minted astronaut Wally Funk said at one point “It was only about five minutes.”

Rich people spending money has always been a thing and sometimes it benefits everyone else. In the garden category, people can still visit the gardens at Versailles. They are impressive, even inspiring. Not all manias are so giving though. The Financial Crisis was driven by financial technology—collateralized debt obligations and credit default swaps. No one is thanking their lucky stars for those products. There is no guarantee manias result in useful technology. Just look at the most recent financial innovation—zero-commission trades. It’s given us meme-stocks.

 

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Give us a break with those megalomaniac billionaires throwing money in the air while there is so much to do for planet Earth.

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Jeff Bezos Set to Blast Off Into SpaceAmazon founder and world’s richest man Jeff Bezos has blasted off to space aboard his New Shepard rocket, the first human flight of his Blue Origin space company There are people in this country that don’t have clean drinking water A gamble... It’s a big dildo. So that’s what this is all about. Bezo’s insecurity.
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Jeff Bezos returns to Earth after trip to suborbital space on Blue Origin's New ShepardJeff Bezos, the billionaire Amazon founder, successfully lands after riding to the edge of space with an all-civilian crew aboard his company Blue Origin's rocket. Look, a giant dick pic. No, not on the right. The left I hope the rocket factory has better working conditions than Amazon warehouses. to the edge of space
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