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Its amazing what billions in government subsidies do for a company.
by throwaway2048 8y ago
Its amazing what billions in government subsidies do for a company.
- Denzel 8y agoQuite amazing... why wasn't ULA able to leverage their billions in government subsidies so well?
- api 8y agoElon is doing it wrong. You're supposed to waste government funding, not deliver stuff. I only half joke. He's threatening a massive gravy train by showing that government really ought to expect more from private contractors. Why didn't ULA do a reusable first stage? They got far more money from government than SpaceX over the years.
- gleenn 8y agoCapitalism finally kicking in, where there is waste there is opportunity.
- rst 8y agoSpaceX did have the government as their major early customer, but they charged less than other vendors of the same services (e.g., Orbital for space station resupply), so it's odd to describe their fees as a "subsidy". That description better fits the "launch capability" fee that ULA charges DOD in addition to the fees (well above commercial launch rates) that ULA charges for the launches themselves.
- Lapsed 8y agoDo you mean the launch contracts or the milestone payments?