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SpaceX will pay hefty taxes if carbon tax is implemented, yet Musk is still strong proponent of carbon tax.
by antattack 5y ago
SpaceX will pay hefty taxes if carbon tax is implemented, yet Musk is still strong proponent of carbon tax.
- Denvercoder9 5y agoRelative to revenue, carbon tax won't be that significant for SpaceX. There aren't any exact numbers yet, but Starship will burn about 5000 metric tons of propellant in a single launch. Assuming a stoichiometric ratio of CH4 to O2, that'll emit about 2600 metric tons of CO2 (the rest is water). According to the ICAO emissions calculator, a roundtrip by plane between LA and London emits about 0.9 metric tons of CO2 per passenger. Thus, a Starship launch generates the same emissions as 2900 passengers making that trip. At the $400 price I get for that trip on Google Flights, those 2900 passengers generate about $1.2 million in revenue for the airline. A single Starship launch will generate $100 million in revenue for SpaceX.
- tenpies 5y ago> Relative to revenue, carbon tax won't be that significant for SpaceX. Are there any public statements on SpaceX's financials? The rumor from their last round is that it's a classic Elon money-burning enterprise - and profitability is always one quarter away. Revenue is of course pointless, since it's quite easy to have revenue when you're not profitable.