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I don’t think he’d have that luxury. Especially not if a situation snuck up as they often do in war. Not that I think any of this is likely. 25% of their facto
by vineyardmike 4y ago
I don’t think he’d have that luxury. Especially not if a situation snuck up as they often do in war. Not that I think any of this is likely.
25% of their factory output is a lot. Sure it’s an amount that won’t leave the company in ruin, but it’s a lot. Teslas growing stock price basically funds all of spaceX so divesting is unlikely.
Realistically, SpaceX filled the mission musk had. It proved that space is viable with better tech. They’re really beholden to the government and he won’t be able to shake that.
- simondotau 4y agoIt is simply wrong on the evidence that Tesla’s stock rise funds SpaceX. It is a profitable business and funds itself. And SpaceX doesn’t hold any Tesla stock as far as I’m aware. My point is that he would divest ownership of Tesla before allowing himself to be blackmailed over SpaceX. I’m not saying that he wouldn’t care if the factory in China shut, though I am saying he might prefer that over SpaceX being neutered.
- vineyardmike 4y ago> It is simply wrong on the evidence that Tesla’s stock rise funds SpaceX. It is a profitable business and funds itself. And SpaceX doesn’t hold any Tesla stock as far as I’m aware. No but musk owns Tesla shares and as they rise he can invest new cash into it.
- rlt 4y agoHe could, but so far he hasn't, AFAIK. You might be thinking of Jeff Bezos who pours something like a billion dollars a year into Blue Origin.
- simondotau 4y agoYou said "Teslas growing stock price basically funds all of spaceX" and now you're completely changing your story to something else which is also speculation based on nothing. It would be appreciated if you actually admitted that to yourself and perhaps in an apology here.