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Perhaps he got burnt out on space... https://en.wikipedia.org/wiki/Armadillo_Aerospace https://en.wikipedia.org/wiki/Armadillo_Aerospace

• __s 9y ago
  Last history bit claims > As of August 2013, Carmack was "actively looking for outside investors to restart work on the company’s rockets" Before stating assets were sold, likely due to lack of investment. SpaceX has the investment. Carmack & Musk also exchange tweets re rocketry at times