this post was submitted on 24 Aug 2024
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And the MBA vampires have bled another formerly great company to death.
But think of all the shareholder value they created!
Stock lost 60% of its value with the last CEO.
That's the final phase of the looting where the suckers are left to hold the bag. The vultures will have moved on long before.
yeah but… the ceo’s get huge bonuses, can’t you just be happy that they’re happy?
All classes of stock?
...and then destroyed. Too bad most of the vultures who gutted the company are long gone.
It's quite the opposite actually.
Yeah, the last thing you want to see enshittified is space flight.
Honestly the entire space industry has been a corrupt money grab from the start.
It's why Johnson even pushed a moon landing to Kennedy, to get pork for his constituents.
It was an inspired way to sell missile design to the public.