I remember when the New Space guys and gals would laugh at Elon Musk for spending > 100M, comparing him to old-space. I think the lesson is that to do space on

I remember when the New Space guys and gals would laugh at Elon Musk for spending > 100M, comparing him to old-space. I think the lesson is that to do space on the cheap you need 100M, not 10M.