SpaceX launched Starship into orbit Monday morning. The rocket weighs eleven million pounds. Your brokerage account does not care.
Elon Musk spent seventeen years and approximately ten billion dollars building a rocket that can carry stuff to space. You spent seventeen minutes last week reading Twitter threads about why this matters for your three shares of Tesla. The rocket made it to orbit. Your shares did not.
Starship stands 400 feet tall. That's taller than the Statue of Liberty. Also taller than the stack of articles explaining why space exploration creates trading opportunities. None of those articles mentioned that rockets reaching orbit have exactly zero correlation with quarterly earnings. Strange oversight.
The test flight launched from Boca Chica, Texas at dawn. Thousands of people watched from the beach. They cheered when the engines lit. They took photos when it cleared the tower. They went home and refreshed their portfolios like the rocket cared about their call options expiring Friday.
This was the first time Starship reached orbital velocity. Historic achievement. Groundbreaking engineering. Completely f*cking irrelevant to whether you should buy the dip. But you'll buy it anyway because a rocket went up and rockets going up feels like stocks going up and your brain stopped distinguishing between the two sometime around 2021.
SpaceX plans to use Starship for moon missions and Mars colonization. Bold vision. Ambitious timeline. Still not a reason to liquidate your index funds and dump everything into speculative plays on aerospace ETFs that own zero SpaceX equity because SpaceX is private you absolute moron.
Photo by Brecht Corbeel on Unsplash
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