4 ms·

If by that you mean "average people pooling their billions to further advance science and technology", sure. None of this was done in a vacuum of billionaire s

If by that you mean "average people pooling their billions to further advance science and technology", sure. None of this was done in a vacuum of billionaire self funding.

JKCalhoun 2y ago
Is that true? We live in a remarkably gilded age where a handful of people (whose names we all know) cashed in on the Dot-Com Boom. Their pleasure appears to be, for a few of them anyway, rockets and spacecraft. A vacuum of billionaire self funding? Of course not, but would these ventures have progressed to where they are without the deep pockets of some of these billionaires?
- BlarfMcFlarf 2y ago
  The funding was from nasa contracts, which is public funds. Someone would have done it even as a consortium of sub billionaires.
- ben_w 2y ago
  IIRC, Musk wasn't listed as a billionaire until 2012, and that possibly as a result of (rather than cause of) SpaceX having successfully sent cargo to the ISS. People mock him for being bad at estimating how long projects will take… but even if you agree with the critics, he's still the one-eyed in the land of the blind when it comes to space mission project planning.
  - adastra22 2y ago
    He did self-fund SpaceX to the tune of $100M or so. He wasn’t a billionaire, but that was awful close.
    - ben_w 2y ago
      That's a factor of ten, which is like calling me a millionaire when I saved just enough to buy a 35 square meter apartment in a small village just outside Cambridge (UK)… in the middle of the house price dip from the global financial crisis.
      - adastra22 2y ago
        He also put money into Tesla and Solar City at the time. We don’t know the true extent of his wealth (Forbes estimates are notoriously inaccurate).
        ben_w 2y ago
        > Forbes estimates are notoriously inaccurate Fair, I've heard the same from chatting with someone who shall not be named who got on a different list. I can't remember if it was them or someone else who said that people lie about their wealth all the time for lists like these; the show-offs who want on them and pretend to have more, and the quiet ones who want off them and pretend to have less. (The person previously mentioned was one of the quiet ones).

If by that you mean "average people pooling their billions to further advance science and technology", sure. None of this was done in a vacuum of billionaire self funding.

JKCalhoun 2y ago

Is that true? We live in a remarkably gilded age where a handful of people (whose names we all know) cashed in on the Dot-Com Boom. Their pleasure appears to be, for a few of them anyway, rockets and spacecraft. A vacuum of billionaire self funding? Of course not, but would these ventures have progressed to where they are without the deep pockets of some of these billionaires?

BlarfMcFlarf 2y ago
The funding was from nasa contracts, which is public funds. Someone would have done it even as a consortium of sub billionaires.
ben_w 2y ago
IIRC, Musk wasn't listed as a billionaire until 2012, and that possibly as a result of (rather than cause of) SpaceX having successfully sent cargo to the ISS. People mock him for being bad at estimating how long projects will take… but even if you agree with the critics, he's still the one-eyed in the land of the blind when it comes to space mission project planning.
- adastra22 2y ago
  He did self-fund SpaceX to the tune of $100M or so. He wasn’t a billionaire, but that was awful close.
  - ben_w 2y ago
    That's a factor of ten, which is like calling me a millionaire when I saved just enough to buy a 35 square meter apartment in a small village just outside Cambridge (UK)… in the middle of the house price dip from the global financial crisis.
    - adastra22 2y ago
      He also put money into Tesla and Solar City at the time. We don’t know the true extent of his wealth (Forbes estimates are notoriously inaccurate).
      - ben_w 2y ago
        > Forbes estimates are notoriously inaccurate Fair, I've heard the same from chatting with someone who shall not be named who got on a different list. I can't remember if it was them or someone else who said that people lie about their wealth all the time for lists like these; the show-offs who want on them and pretend to have more, and the quiet ones who want off them and pretend to have less. (The person previously mentioned was one of the quiet ones).