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That's simply incorrect, see the COTS Space Act Agreement above. Those "initial payments" to SpaceX totalled $200M just to do presentations (more than double wh
by kidme5 4y ago
That's simply incorrect, see the COTS Space Act Agreement above. Those "initial payments" to SpaceX totalled $200M just to do presentations (more than double what Elon's total investment ever was).
The book Liftoff is mostly Eric Berger regurgitating an origin story Elon told him, not reality.
- adastra22 4y agoThose presentations required actual trade studies which take significant work to prepare. It’s not a matter of just showing up and winging a PowerPoint presentation, lol. By that metric a PhD is just a PowerPoint presentation. They were weeks away from not making payroll before they received customer down payments and bridge financing following the successful launch of Falcon 1. This is all covered in Liftoff. It’s a good book; I recommend reading it.