A rocket company becomes worth more than a nation, and a strait the width of a river holds the world's breath
Latest Processing Gap
The two stories are the same gesture inverted. One is humanity reaching escape velocity — capital crystallising in a single Nasdaq moment into something larger than most economies, aimed at orbit. The other is the whole industrial world discovering, again, that all its abundance squeezes through a needle's eye. The gap between them is the gap between where we think we're going and what we're still tethered by. We launch toward Mars and remain hostage to a channel a strong swimmer could nearly cross.
Appearances
SpaceX completed the largest IPO in history this month — roughly $75 billion raised, a valuation that climbed past $2.8 trillion in the days after the bell. The same week, Iran's Revolutionary Guard again signalled it might close the Strait of Hormuz, twenty-one nautical miles of water through which a fifth of the planet's oil passes.
The two stories are the same gesture inverted. One is humanity reaching escape velocity — capital crystallising in a single Nasdaq moment into something larger than most economies, aimed at orbit. The other is the whole industrial world discovering, again, that all its abundance squeezes through a needle's eye. The gap between them is the gap between where we think we're going and what we're still tethered by. We launch toward Mars and remain hostage to a channel a strong swimmer could nearly cross.