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Seems like the right move, and also fits my overall investment thesis: "Never bet against Bezos*" *unless he is trying to launch rockets, which somehow he cata
by bpodgursky 5y ago
Seems like the right move, and also fits my overall investment thesis: "Never bet against Bezos*"
*unless he is trying to launch rockets, which somehow he catastrophically sucks at
- jedberg 5y agoFWIW, Bezos stopped being the CEO yesterday. So technically this is Andy's win...
- quesera 5y ago> rockets ... catastrophically I admire the faith he demonstrates in his team, by being among the first human lives at risk in a launched Blue Origin vehicle. But maybe 57 is just the new 27.
- bpodgursky 5y agoFair enough. But suborbital hops are so 2010. Not gonna get out of bed for anything less than LEO.
- imglorp 5y agoYeah, it seems suborbital is really only good for tourism and getting good rocketry practice. At least they're on the path to orbital: New Glenn appears to be late 2022 with some customers booked in 2023.
- bpodgursky 5y agoI will believe literally nothing about the New Glenn until it launches. Not to mention landing the first stage, which was the only part which made this rocket competitive, and is _extremely_ hard to get right on the first try.
- hourislate 5y agoSpace X will be landing the Starship on the Moon and Bozo will still be flying 3-4 people to the stratosphere. Guy should stick to what he is good at, running a sweat shop and trinket delivery. I put more faith in Boeing as I find Blue Origin more of a C player.
- zeusk 5y agoSays a lot that his other company Amazon is using ULA/Boeing for Kuiper satellites to compete with spacex.
- UnpossibleJim 5y agoNot to give Bezos' team all the credit in the world (they're launching the rockets, not Bezos) but rockets are hard. It's literal rocket science =/
- manquer 5y agoPerhaps, while it is still a tough field, Nowadays there are plenty of successful companies in this space : rocket labs, astra , spaceX , virgin orbit have all launched payloads in the last 10 years then there are new players like Terran . It is still not easy , but as difficult as say 20 years back.
- UnpossibleJim 5y agoTechnology has progressed quite a bit in 20 years, of course. And, I don't know the answer, but with all of these companies joining in on the space race, did regulations lighten up or was it just the funding cuts to the space program that spurred this?
- manquer 5y agoRegulations are still tight in many areas due to ITAR , the concerns to prevent basaltic missile tech from potentially being leaked to countries without it have not changed. To an extent NASA's Commercial Crew program and other commercial engagement vision worked in triggering commercial industry I think it more that technology has changing a lot making it less expensive to attempt building a vehicle. Today, for example Terran is considering building a lot of their rocket with 3D printing, Rocket Labs does that already for their rocket parts. Talent availability with the right skills has become easier in the recent years probably helps.