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I wonder what their financial situation is. The combination of Starship failures and C19 would make it very difficult to raise money.
by RivieraKid 7y ago
I wonder what their financial situation is. The combination of Starship failures and C19 would make it very difficult to raise money.
- imglorp 7y agoThey have a good sized future launch manifest and they have like 60% of the market now. Maybe not hurting too badly. https://www.spacex.com/missions https://www.spacex.com/missions
- greedo 7y agoThis wasn't a Starship failure. SN3 is the second stage of what will eventually become Starship. And this wasn't even the complete second stage. It didn't include the Raptor engines, it was just the pressure tank and hull that did a RUD.
- NortySpock 7y agoFalcon 9 flies just fine, as does Dragon. They just won a contract to develop Dragon XL. My question is "What is their net income and their current cash assets? What does their runway look like?"
- nickik 7y agoThis was a test of a metal tank that they have welded together over the last 4 weeks. The financial implication are basically zero. Even in the best case scenario SN3 was planned to after this test make a static fire and then a hope to about 150m. SN4 is already being assembled and will go threw the same tests.
- ericd 7y agoYou can look at their fundraising history on Forge (a secondary market): https://forgeglobal.com/company/space-exploration-technologies https://forgeglobal.com/company/space-exploration-technologi... Not their overall financial situation, but looks like investor appetite has been pretty strong.