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They now have 13 Falcon 9 first stages that have flown 13 times each: https://en.wikipedia.org/wiki/List_of_Falcon_9_first-stage_boosters#Block_5 https://en.wik
by robonerd 4y ago
They now have 13 Falcon 9 first stages that have flown 13 times each: https://en.wikipedia.org/wiki/List_of_Falcon_9_first-stage_boosters#Block_5 https://en.wikipedia.org/wiki/List_of_Falcon_9_first-stage_b...
And another 26 that have flown 12 times each. They've really succeeded in making reuse routine.
- WalterBright 4y agoSpaceX has set the bar very high for their competitors.
- rvnx 4y agoYes, not only SpaceX is pushing the humanity forward directly with its missions, but it's also indirectly pushing all the governments and people who are in too comfortable position (not taking any risk, only playing very safe missions, not innovating because they are afraid to lose a very well paid and prestigious job). Still, it feels sad to see that a few months ago, SpaceX had roughly the same valuation as... Snapchat. It shows ultra short-term greed of investors and a clear lack of vision of VCs to see the mid-term potential of space exploration and travel.
- eloff 4y agoThere are crypto companies valued around the level of SpaceX. It's insane where capital is being allocated. Despite his faults, I'm a huge fan of Elon Musk, because he's one of the few entrepreneurs with vision and courage to push humanity forward. While everyone else is doing the stupidest shit with social media, crypto, and other insanity.
- zerocrates 4y agoWhatever Elon's virtues may be, I don't know that "not doing stupid shit with social media and crypto" is among them.
- pengaru 4y ago> While everyone else is doing the stupidest shit with social media, crypto, and other insanity. Like trolling via then trying to buy Twitter?
- nightski 4y agoNot evreyone can invest in SpaceX. More capital isn't always the best thing or necessary and it still involves a lot of risk. This is just an ignorant comment imo. That said I'd love to buy some SpaceX stock if only I could!
- eloff 4y agoI don't specifically mean why isn't more money in SpaceX in general, I want to know why there is so little money and companies actually innovating in important hard things like space, clean transportation, clean energy, etc. Imagine if as a global civilization we'd invested the two trillion in crypto into clean energy instead. We might actually solve our pressing climate change problem. Instead we got digital coins and NFTs and actually made the climate change problem worse.
- kevin_thibedeau 4y agoMaking stuff is less profitable than services. Late stage capitalism would prefer that nobody made anything.
- WalterBright 4y ago> Late stage capitalism will never happen. It's just a hope by leftists that capitalism will collapse on its own.
- jltsiren 4y agoRelatively low valuation is a common feature of ambitious work. The ultimate outcome is too uncertain and it's too far in the future to matter in the market. And even if you make a breakthrough, somebody else may be in a better position to take advantage of if. That last point is important. Even if you discover something truly valuable, there is no particular reason to believe that you will be the one getting rich by it.
- jpgvm 4y agoSpaceX is currently valued at ~$135B as of last cap raise (which was fairly recently). Boeing's market cap is current $80B. Snapchat was valued pretty richly but is now valued at $20B. Personally (despite being a huge fan) I think SpaceX is actually quite overvalued on a risk-adjusted basis.
- WalterBright 4y agoI didn't invest in Snapchat, but I did recently manage to invest in SpaceX. I don't really care what the valuation is, I just want a piece of something great!
- HWR_14 4y agoWhy would you not care about the valuation if you were investing in a company? Are there coolness points for being able to say "I'm a spacex investor" that are just worth the cost?
- WalterBright 4y ago> Are there coolness points for being able to say "I'm a spacex investor" that are just worth the cost? Yes. I am indeed a total fanboy.
- HWR_14 4y agoIs it safe to say that you invested a small enough (to you) amount that you would consider it a fair price to pay for a framed stock certificate of a defunct SpaceX if the company were to cease to exist? That is, as a memento? Or did you invest what you consider to be a significant sum in the hopes of someday getting your investment back plus?
- WalterBright 4y agoDo I really need to keep answering the same question over and over?
- HWR_14 4y agoI guess I was confused by your answer and thought I was asking a clarifying question.
- aembleton 4y agoHow did you get to invest in SpaceX?
- photochemsyn 4y agoSpaceX should never go public, keep the decisions with the engineering-rich management there and never let Wall Street shareholders have any say on selecting leadership. From that perspective, why does their valuation even matter? This is one of the problems at Tesla I think; they've likely held off on going into areas that are likely more financially risky but with longer-term industrial potential (electric semis in particular) because the shareholders would balk at moving capital into such production efforts.
- benj111 4y agoReally? You think Elon musk has problems attracting investors? He tweets a back of the fag packet idea about hyperloops and suddenly we have multiple companies spring up to do just that. It was only like 6(?) months ago that Tesla was more valuable than the next 3 car makers put together. If Tesla wanted money to build something they'd get it.
- panick21_ 4y ago> likely more financially risky but with longer-term industrial potential (electric semis in particular) because the shareholders would balk Electric Semis are not that risky. Tesla has been very very clear about their strategy. As long as they can turn all the batteries and chips they can get into car they will not actually make any more profit by adding more model diversity. Unlike every other car company that is promising 50 models in 2025, Tesla basically will only do so if they can. The Semi will be a big seller when it comes out. Simply put, nobody else has the batteries either to dominate the market.
- ja27 4y agoYou're counting flights instead of boosters. They have one (B1060) that's flown 13 flights and two (B1051 and B1058) that have flown 12 flights.
- robonerd 4y agoDamn, you're right. I didn't look at the S/N column. Still impressive.