3 ms·
For Blue Origin it is true, they are not making money and a privately funded. For SpaceX it just so hilariously wrong. SpaceX did get seed money from Musk, abo
by panick21_ 3y ago
For Blue Origin it is true, they are not making money and a privately funded.
For SpaceX it just so hilariously wrong. SpaceX did get seed money from Musk, about 90 million. The rest is venture funded just like every other successful company.
SpaceX is a very normal capitalist company. Musk has not invested more of his own money into it. SpaceX is making money and raising money to fund future projects.
One could maybe make an argument that Musk longer has ambitions to do passion projects, but he has never perused these without building the company in a capitalist way first. Because he knows that if the company isn't successful, non of the long term plans are possible.
> not normal capitalist enterprises which are all just about making a buck
Every capitalist enterprise has owners, the owners decide what they should do. Often but not always this is 'making a buck'.