this post was submitted on 08 Dec 2024
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Privately owned doesn't mean anything. SpaceX, Twitter (I'm not calling it that), and Tyson are all privately owned.
Privately owned at least means they aren't slaves to their quarterly reports. Every time a company goes public, they're subject to the delusion of infinite growth in a finite system.
Really depends on the ownership structure. Backbiting private boards composed of kids and grandkids of founders that are just trying to claw as much out of their inheritance as possible are just as toxic. Coops are about the only thing I can respect.
So what? Private corporations are just as cruel.
Corporations are the problem, not their trading status.
I stand by my statement. I think you sped over the "at least" part of my comment.
In fairness SpaceX isn't run by Musk, which is why it's actually doing constructive things and not getting into culture war arguments every 15 minutes.