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It's not just about software developers. All the program product management roles, as well as other similar non SWE roles are common across companies. Also as t

It's not just about software developers. All the program product management roles, as well as other similar non SWE roles are common across companies. Also as the other commenter said young people going to university will be totally not inclined to choose aerospace in US. Whether Boeing has competition or not is not relevant if Airbus salaries give their employees a better life and help them to recruit better in the european talent market. SpaceX does a private company version of stock options though, and Elon frequently cites this in his mails to employees on why they are not hurt by the company not being public.

chrisco255 3y ago
Domain knowledge matters, even at the management level, especially in industries like aerospace. Again, I assert there is very little overlap or talent lost as a result of some kind of Boeing to Silicon Valley brain drain. That's a poor excuse backed up by nothing. There isn't a need for nearly as many aerospace engineers as there is for software development, so whatever the market works out for that is fine. Nobody is talking about mechanical engineers at Tesla, Ford, GM, Toyota, etc are not doing the same thing nor is anyone blaming silicon valley for a lack of talent in those companies. Absolute scapegoating. Airbus and Boeing being located on different continents hardly compete for the same talent. Boeing's problems are almost entirely at the leadership level, not at the lower or mid levels. Everything else is downstream of that. No, SpaceX cannot give out stock options because if they give equity to too many people they will be forced to go public, which Elon has said he doesn't want to do. After 2500 people own a company's stock, the company has to IPO. They just pay well.
- sahila 3y ago
  What's the 2500 rule from? Can the company not sell to another at the size and how long do they have before forced IPO?
  - yreg 3y ago
    It seems that the max shareholder amount is 2000 (not 2500j, but that doesn't count employees, so SpaceX is safe. https://www.quora.com/How-many-shareholders-are-allowed-in-a-private-company-if-there-is-a-limit-in-the-US https://www.quora.com/How-many-shareholders-are-allowed-in-a...
- yreg 3y ago
  It is known SpaceX gives out equity in some form on a long vesting schedule. They also apparently buy these shares back. See Glassdoor. edit: It seems that the 2000 shareholders limit (not 2500) doesn't count employees: https://www.quora.com/How-many-shareholders-are-allowed-in-a-private-company-if-there-is-a-limit-in-the-US https://www.quora.com/How-many-shareholders-are-allowed-in-a...
- 15155 3y ago
  > After 2500 people own a company's stock Which is why many large private companies have special purpose entities for employee ownership and the like.

chrisco255 3y ago

Domain knowledge matters, even at the management level, especially in industries like aerospace. Again, I assert there is very little overlap or talent lost as a result of some kind of Boeing to Silicon Valley brain drain. That's a poor excuse backed up by nothing. There isn't a need for nearly as many aerospace engineers as there is for software development, so whatever the market works out for that is fine. Nobody is talking about mechanical engineers at Tesla, Ford, GM, Toyota, etc are not doing the same thing nor is anyone blaming silicon valley for a lack of talent in those companies. Absolute scapegoating. Airbus and Boeing being located on different continents hardly compete for the same talent. Boeing's problems are almost entirely at the leadership level, not at the lower or mid levels. Everything else is downstream of that. No, SpaceX cannot give out stock options because if they give equity to too many people they will be forced to go public, which Elon has said he doesn't want to do. After 2500 people own a company's stock, the company has to IPO. They just pay well.

sahila 3y ago
What's the 2500 rule from? Can the company not sell to another at the size and how long do they have before forced IPO?
- yreg 3y ago
  It seems that the max shareholder amount is 2000 (not 2500j, but that doesn't count employees, so SpaceX is safe. https://www.quora.com/How-many-shareholders-are-allowed-in-a-private-company-if-there-is-a-limit-in-the-US https://www.quora.com/How-many-shareholders-are-allowed-in-a...
yreg 3y ago
It is known SpaceX gives out equity in some form on a long vesting schedule. They also apparently buy these shares back. See Glassdoor. edit: It seems that the 2000 shareholders limit (not 2500) doesn't count employees: https://www.quora.com/How-many-shareholders-are-allowed-in-a-private-company-if-there-is-a-limit-in-the-US https://www.quora.com/How-many-shareholders-are-allowed-in-a...
15155 3y ago
> After 2500 people own a company's stock Which is why many large private companies have special purpose entities for employee ownership and the like.