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>Not everyone has billions of dollars lying around. SpaceX couldn’t have beaten ULA if that was the case. But SpaceX didn't have infinite amounts of capital du
by TMWNN 2y ago
>Not everyone has billions of dollars lying around. SpaceX couldn’t have beaten ULA if that was the case.
But SpaceX didn't have infinite amounts of capital during the years it developed Falcon 9 and Dragon. Until Tesla's market cap blew up during the COVID-19 era, Elon Musk had a "mere" few tens of billions of dollars. ULA's pockets were and are gigantic, too.
In any case, infinite capital guarantees absolutely nothing. Jeff Bezos has been among the world's wealthiest men for far, far longer than Musk's entry into that group. Let me paraphrase an excellent comment I saw on Reddit, in response to one of the usual lies about how the only reason SpaceX is a decade ahead of the rest of the world is that it got zillions in subsidies from the US government:
>If large amounts of funding is the only thing required to succeed, Blue Origin would now have a nuclear-powered spacecraft orbiting Pluto.