“Now, SpaceX and other megacap companies like Anthropic and OpenAI will have to wait at least 12 months after their IPOs to join the S&P 500.”
https://finance.yahoo.com/markets/stocks/articles/vti-vs-voo...
Text reads:
And just like that—surprise!—one AI company bails out another AI company's grift. Google agreeing to rent compute from xAI (cough, "SpaceX") magically makes them eligible for inclusion in the S&P500.
Americans, they are looting your life savings, the ones you earned through labour that they are gleefully replacing. Your descendants will never have the chance you had.
-- https://techcrunch.com/2026/06/05/google-will-pay-spacex-920...
This is obvious as Google is also an investor in SpaceX (and Anthropic) but this time Google is directly involved and can afford to fund them both.
The losers are the employees being laid off with their salaries and RSUs being used to fund the data centers.
> Americans, they are looting your life savings, the ones you earned through labour that they are gleefully replacing. Your descendants will never have the chance you had.
> https://techcrunch.com/2026/06/05/google-will-pay-spacex-920...
And I don't know what my instance is running on ... I have a tech co-mod who deals with it. We have two rather grunty servers running the the cloud, that's all I know.
If you're genuinely interested, email me and I'll find out for you. Details in my profile.
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Added in edit ...
From their "about" page:
Hello World! Welcome to mastodon@bauhaus, our small niche in the fediverse.
This server originated @maschinenraum, a small hackspace in Weimar. It is currently administrated and moderated by a small team via @admin.
We run our own server in a local data centre just down the road, so there's no cloud here – however, that also means if it breaks, it breaks. And it will happen every now and then, and there are backups, and it's mostly fine, but don't expect 100% uptime – 99% will have to do.
We're part of the Chaos family surrounding the Chaos Computer Club, so you can meet us at events like the C3 and get to know your admins!
[0] By some metric, of course.
Worst case, look into inflation proof assets or very short term debt via bank accounts.
Not investing advice.