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S8 Ep981: Gaius and Germanicus critique the SpaceX IPO, labeling it a grand "grift" comparable to the speculative railroad booms of the 1870s. They warn of a stupendous transfer of wealth from ordinary people to the elite, fueled by asset bubbles in AI and space episode artwork

EPISODE · Jun 8, 2026 · 13 MIN

S8 Ep981: Gaius and Germanicus critique the SpaceX IPO, labeling it a grand "grift" comparable to the speculative railroad booms of the 1870s. They warn of a stupendous transfer of wealth from ordinary people to the elite, fueled by asset bubbles in AI and space

from The John Batchelor Show · host John Batchelor

Gaius and Germanicus critique the SpaceX IPO, labeling it a grand "grift" comparable to the speculative railroad booms of the 1870s. They warn of a stupendous transfer of wealth from ordinary people to the elite, fueled by asset bubbles in AI and space energy, while national wealth inequality reaches levels reminiscent of pre-revolutionary France. (3) 1922 NERO

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S8 Ep981: Gaius and Germanicus critique the SpaceX IPO, labeling it a grand "grift" comparable to the speculative railroad booms of the 1870s. They warn of a stupendous transfer of wealth from ordinary people to the elite, fueled by asset bubbles in AI and space

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