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Never Bet Against Elon? No.

Never Bet Against Elon? No.

Chris Campbell

Posted June 06, 2025

Chris Campbell

They say the ones we love most have the greatest power to hurt us.

It wasn’t that long ago those two were trading war stories like retired generals.

Elon got VIP clearance and a president who treated every Starship launch like it was the Super Bowl.

Trump sat in the Cybertruck like a 7-year-old handed a lightsaber. “Everything’s computer,” he said, wide-eyed.

But like any great rom-drama, a misunderstanding was inevitable. Especially when the bromance is between two men who both think they’re the main character.

So now? It’s war.

The stakes? Everything from the International Space Station… to the next chapter of American space dominance.

Because SpaceX isn’t just another contractor. It’s the scaffolding.

Decades Happen in Days

Two weeks ago, industry experts would have described SpaceX as a “once-in-a-generation company that’s redefined what is possible in aerospace.”

They would have called it “a foundational platform for U.S. and global space infrastructure.”

That hasn’t changed.

Start with the obvious: NASA has no replacement. Boeing is years behind. Blue Origin? Eh.

Nobody else has a flight-ready, reusable rocket system with anywhere near SpaceX’s cadence or success rate.

This isn’t Ford vs. Chevy. It’s Ford vs. the Chrysler Sebring.

Yes, this overreliance on a single private company does pose risks (now exemplified by the Musk–Trump feud)…

But it also means SpaceX has enormous leverage and resilience. Even a U.S. President would find it difficult to sideline SpaceX without paralyzing American ambitions…

And handing China the lead.

Former NASA Administrator Bill Nelson said it outright. He warned we are indeed in a “space race” with China and “we better watch out.”

In such a race, sidelining your fastest runner (SpaceX) would be counterproductive.

If Elon walks, NASA doesn’t pivot—it stalls. The entire ISS program would be hanging by a thread, and the Artemis moon mission would go dark.

But that’s just one part of the story for SpaceX.

Starlink is another sleeping giant. It’s not just a satellite internet service. It’s the infrastructure of a parallel internet. A mesh network that can beam connection into war zones, remote deserts, or rival nations.

Governments don’t just want Starlink—when push comes to shove, they need it.

Recent internal projections show Starlink making up an increasing share of SpaceX’s business, with the potential to insulate the company from political risks tied to government contracts.

And don’t forget the money.

If SpaceX ever spins out Starlink or files for IPO, the pitch writes itself. If Tesla ran on memes, SpaceX runs on myth. The drama only feeds the narrative.

And finally… Elon. He’s not the retreating type.

When California turned on him, he moved to Texas and scaled production faster than ever. When the SEC came for him, Tesla stock went parabolic.

Forget the Fanboys, Buy Anyway

This moment might look like a PR disaster.

But from 30,000 feet? It’s classic mythology.

The genius gets cast out. The empire tries to go on without him. The prodigal rocket man, at odds with the powers that be, ultimately proving again that the future still needs his fire.

Hyperbole aside, there’s a kernel of truth: SpaceX’s vision – reusable rockets, Mars colonization, global internet – is driving the frontier of space.

In the end…

“Never bet against Elon” is fanboy puff.

But SpaceX is still a killer company.

And again: we’ve found a way in.

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