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You mean Musk selling his share and putting it into SpaceX? SpaceX laid off 10% this year and their recent attempt to raise money didn't go well.
by RivieraKid 8y ago
You mean Musk selling his share and putting it into SpaceX?
SpaceX laid off 10% this year and their recent attempt to raise money didn't go well.
- mdorazio 8y agoTo be fair, they tried to raise money mostly to fund BFR development, which is a questionable economic investment for people expecting a decent ROI (although it's a fantastic overall future investment for humanity as a whole). If they tried to raise money specifically for micro satellite internet, on the other hand, I think investors would be more favorable.
- Denvercoder9 8y agoMicro satellite internet isn't really viable without BFR though.