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Blah,blah,blah, Space X has been the only company that's been able to advance space technology as a private company in the last 20 yrs. All other companies have
by WheelsAtLarge 4y ago
Blah,blah,blah, Space X has been the only company that's been able to advance space technology as a private company in the last 20 yrs. All other companies have just rehashed what was previously developed.
NASA and the US government will be foolish to let it disappear via bankruptcy. If the company gets in real trouble, we will suddenly see that NASA will award it a long-term contract for its services that will get it out of trouble. Right now Space X is the best space option that the government has available. As long as it can deliver, Space X will continue to exist.
There's no way Space X will disappear due to bankruptcy any time soon.
- senttoschool 4y agoSounds like you're saying tax payers should bail out whatever bad decisions SpaceX employees make. No thanks.
- j-pb 4y agoThere's plenty of bailouts that were unnecessary, e.g. banks, hedge-funds. Space exploration is one of those problems that are inherently difficult enough that you can do everything right, and still go bankrupt.
- WheelsAtLarge 4y agoThe Space industry is very volatile at this point. The business models are few and very expensive. I am not saying that Space X should have a blank check for anything they want to do but they should be given a small safety net and the benefit of the doubt. They have proven that they are able to advance the technology so they should be helped should they fall into trouble. Additionally, the alternative is to let the government do it. Either way the money will be spent. I think it's best to let an entrepreneurial company like Space X decide how best deploy the money at this time.
- senttoschool 4y ago>let an entrepreneurial company like Space X decide how best deploy the money at this time. And if you bail them out, what motivation do they have to behave like an entrepreneurial company?