zlacker

Typically in capitalism, if there is any profit, the race is towards zero profit. The alternative is a race to bankrupt all competitors at enormous cost in order to jack up prices and recoup the losses as a monopoly (or duopoly, or some other stable arrangement). I assume the latter is the goal, but that means burning through like 50%+ of american gdp growth just to be undercut by china.

Imo I would be extremely angry if I owned any spacex equity. At least nvidia might be selling to china in the short term... what's the upside for spacex?

>>Frankl+(OP)
> The alternative is a race to bankrupt all competitors at enormous cost in order to jack up prices and recoup the losses as a monopoly

I don't know of an instance of this happening successfully.

>>Walter+y8
Walmart? It's certainly more successful in physical markets

>>Walter+y8
Amazon

>>kuschk+Za
See Amazon

>>jabron+xo
See Walmart

>>Walter+tF1
Are you saying that Amazon is a successful monopoly, or that Amazon is even with massive expenses still not a full monopoly?

>>Walter+tF1
Different markets entirely—I can't walk into amazon, and I don't order online from Walmart.

>>Walter+y8
taxi apps, delivery apps, social media apps—all of these require a market that's extremely expensive to build but is also extremely lucrative to exploit and difficult to unseat. You see this same model with big-box stores displacing local stores. The secret to making a lot of money under capitalism is to have a lot of money to begin with.

>>Frankl+Dd2
Taxis are a government created monopoly.

None of the big-box stores have created a monopoly.

Amazon unseated behemoth Walmart with a mere $300,000 startup capital.

Musk founded his empire with $28,000.

>>kuschk+GJ1
Walmart competes with Amazon.

>>Frankl+od2
You can order online from Walmart:

https://www.walmart.com/

Amazon can ship it to a location near you.