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I imagine this will be about as successful as Arianespace vs SpaceX

• vaidhy 3y ago
  Is SpaceX a successful business or just subsidized? Arianespace, from what I can see, makes a very modest profit.
• belter 3y ago
  "Elon Musk’s growing empire is fueled by $4.9 billion in government subsidies" - https://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html https://www.latimes.com/business/la-fi-hy-musk-subsidies-201... For comparison the Ariane 6 generation, is funded in a public-private partnership with the majority of the funding coming from various ESA government sources — €2.815 billion — while €400 million from industry - https://en.wikipedia.org/wiki/Ariane_6 https://en.wikipedia.org/wiki/Ariane_6
  • zpeti 3y ago
    Even if I take your comment at face value (even though it’s a misrepresentation of government help): What exactly has arianespace achieved vs spacex? For almost the same amount of money?
    • belter 3y ago
      - https://en.wikipedia.org/wiki/List_of_Ariane_launches https://en.wikipedia.org/wiki/List_of_Ariane_launches "Rockets from the Ariane rocket family have accumulated 259 launches since 1979, 247 of which were successful, yielding a 95.4% success rate. The currently operational version, Ariane 5, has flown 82 consecutive missions without failure between April 2003 and December 2017" https://www.arianespace.com/ https://www.arianespace.com/ "Arianespace reported revenue of 1.25 billion euros ($1.4 billion) in 2021, an increase of 30% over 2020. The company did not disclose its profitability for the year, but Israël described the year as “break-even.”" - https://spacenews.com/arianespace-looks-to-transitions-of-vehicles-and-business-in-2022/ https://spacenews.com/arianespace-looks-to-transitions-of-ve...