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Will it be a profitable business? You could bootstrap the future of space flight simply by starting with a small profitable company.
by melling 8y ago
Will it be a profitable business?
You could bootstrap the future of space flight simply by starting with a small profitable company.
- Jach 8y agoIt hasn't exactly worked out for XCOR or Virgin Galactic, what will Blue Origin's edge be?
- ISL 8y agoA huge reserve of capital and the long-term vision necessary to do every piece right.
- melling 8y agoXCOR filed for bankruptcy. That’s not profitable. Virgin Galactic isn’t a profitable company either. They could be, of course. My point was that you can start with a small company with a well-defined goal and product then continue to grow the vision, as long as you remain profitable.
- Jach 8y agoYeah I don't disagree here, my point was that Blue Origin's particular goal and product bootstrapping from space tourism has already been tried and more or less failed. Whereas Musk's/SpaceX's goal is to get a Mars colony going, they started with something different than space tourism and it seems to be working out.
- melling 8y agoVirgin Galactic hasn’t failed yet. Someone was killed so they’ve been extremely cautious. Bezos is a good business person. It’s quite possible he’ll run thin margins and grow the business.
- kanox 8y agoNo need for that, Jeff Bezos is funding Blue Origin with 1 billion each year by selling Amazon stock.
- greglindahl 8y agoGetting to orbit is a big step. You can look at the history of SpaceX and Rocket Lab to get a grasp of what it takes -- hard to imagine a sub-orbital tourism company getting there without an injection of capital. Which, btw, is how Rocket Lab did it: they started with sounding rockets, proved that the knew what they were doing, then got a big round to go orbital.