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@m-j-r
just speculation, but I'm guessing that biggest capital allocators want a consolidated exposure to economy of atoms w/o headache of securing commodities directly. still an open question how SpaceX goes public, but that will lead to the first paper trillionaire. imagine the alternative, where the first paper trillionaire is due to "o3" or some other securitized displacement of knowledge work. or worse, a plutocrat w/ monopolized commodity (e.g. violence)
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