3 ms·
It is a rent extraction/wealth transfer powerhouse. At least for now.
by GolfPopper 1y ago
It is a rent extraction/wealth transfer powerhouse.
At least for now.
- shdh 1y agoCan you elaborate how SpaceX is an extraction/wealth transfer powerhouse?
- jmyeet 1y agoI'm not sure which company you're referring to here but I do here this claim a lot about SpaceX and while i'm anti-rent-seeking I don't see SpaceX as a rent-seeking company. Yes it has gotten some grants to develop particular programs and promises from the US government to buy services but all up we're talking about (IIRC) $10-20 billion. We just gave $40 billion to Argentina for pretty much no reason whatsoever. Now the US government has spent a whole lot more on SpaceX but they're buying services. SpaceX is an incredible bargain compared to the alternatives like ULA.