What Elon saw, was that the rocket companies was multiplying BOM with 200, when it could have been a smaller number. There is nothing wrong to multiply BOM wit

What Elon saw, was that the rocket companies was multiplying BOM with 200, when it could have been a smaller number. There is nothing wrong to multiply BOM with 10. It’s almost as low as you can get it when operating a business. But when you find a market which is marking up with 200, you have found yourself an opportunity for a competing business.