this post was submitted on 21 Aug 2023
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[–] Uniquitous@lemmy.one 33 points 1 year ago (25 children)

If SpaceX is that critical to national defense & foreign policy, it should be nationalized.

[–] partial_accumen@lemmy.world 2 points 1 year ago (16 children)

If SpaceX is that critical to national defense & foreign policy, it should be nationalized.

Remove the SpaceX name from that statement and the statement is just as crazy.

Examples:

  • If Verizon is that critical to national defense & foreign policy, it should be nationalized.
  • If Raytheon is that critical to national defense & foreign policy, it should be nationalized.
  • If Northrup Grumman is that critical to national defense & foreign policy, it should be nationalized.
  • If General Dynamics Electric Boat is that critical to national defense & foreign policy, it should be nationalized.
  • If Honeywell International is that critical to national defense & foreign policy, it should be nationalized.
  • If Boeing is that critical to national defense & foreign policy, it should be nationalized.
  • If Norfolk Southern Railway is that critical to national defense & foreign policy, it should be nationalized.

It just isn't our country's way to steal a company from its owners or shareholders. Its a bit frightening you think it should be.

[–] iturnedintoanewt@lemm.ee 3 points 1 year ago (1 children)

So... In your opinion, it should be allowed to operate like any normal company without restrictions? What would happen if, say, a powerful Chinese investor attempted to buy it outright?

[–] partial_accumen@lemmy.world 3 points 1 year ago (1 children)

So… In your opinion, it should be allowed to operate like any normal company without restrictions?

I can't tell what you're trying to say with your first sentence. Most companies DO have specific restrictions based upon their industry, environmental impact, and various forms of regulatory compliance. SpaceX isn't an exception.

What would happen if, say, a powerful Chinese investor attempted to buy it outright?

It likely wouldn't be allowed just like other national strategic companies. What is your point with that?

[–] 9point6@lemmy.world 1 points 1 year ago

And what if a nation bought the guy in charge? You know, like has potentially already happened with the PIF

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