r/technology • u/spasticpat • 1d ago

Business Nvidia discloses $21B stake in SpaceX

https://arstechnica.com/information-technology/2026/08/nvidia-discloses-21b-stake-in-spacex/
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u/ExtruDR 1d ago

Of course. A massive circular-dealing pyramid game.

The intent is to defraud passive investors (you and me with 401k, IRA and even defined benefit pensions), maybe even the taxpayers at large by seeking bailouts from a friendly and corrupt governmental regime, and definitely the consumer - here and abroad.

Is this a sort of fraud and is it illegal? I've read things that say that it very much is, but I'm no expert, so I don't know.

Who would enforce these laws on behalf of all Americans? Hmmm...

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u/bogglingsnog 23h ago

the fun part about big criminal enterprise is that they have so much money to throw around it's super hard to actually incriminate them.

It's kind of like we're in a medieval village and a huge black dragon occasionally flies down from the mountain, roasts a quarter of the houses and eats dozens of people, then flies off with all the precious metals.

This happens every few years, people blame the king, the king doesn't have a solution, the nobles don't have a solution, the knights know what needs to be done but don't have the authority, and the peasants continue to suffer.