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> Literally every company in this space have used it as a platform to grift public funds. > they are doing this to keep on the government, the public's tit $1

by rlt 6y ago

> Literally every company in this space have used it as a platform to grift public funds. > they are doing this to keep on the government, the public's tit $1B is a fraction of what SpaceX, and Morgan Stanley among others, believe they can make from Starlink: https://www.google.com/amp/s/www.cnbc.com/amp/2020/10/22/morgan-stanleyz-spacex-to-be-100-billion-company-due-to-starlink-starship.html https://www.google.com/amp/s/www.cnbc.com/amp/2020/10/22/mor... I think this time it really is different. SpaceX has already reduced launch cost by an order of magnitude, and if Starship is successful another 1-2 orders of magnitude. This gives them a huge advantage over other LEO constellation attempts. I don’t think this money is necessary for their success but if the money is there for the taking why wouldn’t they take it?

bumby 6y ago
>reduced launch cost by an order of magnitude Which specific launches are you referring to? Some of the Space Force launch costs have gotten quite bloated for SpaceX as well
- bryanlarsen 6y ago
  The Space Force is getting $300M in infrastructure and a launch for $316M.
  - bumby 6y ago
    Yes, but I was actually poking at the "order of magnitude" more inexpensive statement. I'm a cheerleader for SpaceX, but sometimes people overextend. "United Launch Alliance, was awarded $337 million to launch two missions comparable to the one awarded to SpaceX" https://spacenews.com/spacex-explains-why-the-u-s-space-force-is-paying-316-million-for-a-single-launch/#:~:text=WASHINGTON%20%E2%80%94%20When%20the%20U.S.%20Air%20Force%20announced,many%20were%20surprised%20by%20the%20large%20price%20tag https://spacenews.com/spacex-explains-why-the-u-s-space-forc....