Trescothick’s Take: 9th July 2026- SpaceX and the Emperor’s New Clothes
Every market cycle needs a hero. The problem is that heroes have an awkward habit of becoming religions. Today, that role belongs to SpaceX. Let’s be clear: this is an extraordinary engineering company. It has transformed launch economics, built the world’s largest satellite constellation and achieved what governments spent decades promising. None of that is […]
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