this post was submitted on 01 Sep 2023
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Stupid lawsuit. They are literally trying to build a competitor to SpaceX and Starlink and the lawsuit is like "Well you suck at doing so, so we're suing you because it made our stocks go down." Like what? You took a gamble on the stocks and now you are suing the company because your gamble didn't pay off? Let me walk into a casino, lose 200 dollars, and then sue them because they didn't make the right choices when dealing me cards.
Accept blue origin is an independent company owned by bozo not amazon. So whe amazon fails to consider other options. They are failing to protect the amazon company.
Bozo is basically using one company to support another, at the cost of the 1st company. When the 2 companies are independent. That definatly is a valid reason for investors to question his responsibility to them.
You example would be more like complaining because the casino has magnets on the rulelet wheel.
Ah, I forgot that Blue Origin wasn't connected to Amazon but Kuiper is. This is exactly why SpaceX owns Starlink. Bezo should have followed the same corporate structure and it would have been fine.
Frankly, I don't care terribly much, let the millionaires sue the billionaires. It's all still rather silly. Especially, since you see another group of companies doing the same exact thing and you wonder why paperwork is the only reason they get away with it. Anyone looking at Kuiper or even Amazon and not also seeing Blue Origin is lying to themselves. Elon does this sort of cross-corporate bullshit too, SpaceX launched a Telsa into space just to cross-promote the brands. We should honestly crack down on how big corporations have got and how much they get away with cross-promoting for personal gain.
SpaceX launching Elon Musks privately owned Tesla Roadster is hardly cross company.
There’s a side effect of good marketing for both companies and the “Elon Musk”-brand, but he’s doing a good job of tarnishing that brand on his own.
Anti-trust seems like a good thing to bring back though.