4 ms·
So SpaceX is in the blacks? Last time i checked they still lose money and rely on gov subsidies / contracts... Ofc, then it is easy to say a corp is cost-compet
by palemoonale 3y ago
So SpaceX is in the blacks? Last time i checked they still lose money and rely on gov subsidies / contracts... Ofc, then it is easy to say a corp is cost-competetive.
https://www.fool.com/investing/2023/08/27/despite-rare-profit-spacex-still-mostly-loses-cash/ https://www.fool.com/investing/2023/08/27/despite-rare-profi...
- dash2 3y agoCost-competitiveness isn't about your total profit, or about whether your customers include governments. It's about how much it costs to launch a rocket.
- pelorat 3y agoThey are spending money to make more money later.
- mcpackieh 3y ago> subsidies e.g. the government giving them free money just so they can continue to exist? SpaceX does not survive on subsidies. > contracts Doing work in exchange for money? Yes, that's how SpaceX survives. That's the way any rocket company is supposed to survive, yet you're construing this as somehow a bad thing. Seems like a sad case of EDS.