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SpaceX at this point is pretty well-funded, still in a solid position to tap capital markets and has a healthy manifest of paying customer launches. There's pro
by pbreit 11y ago
SpaceX at this point is pretty well-funded, still in a solid position to tap capital markets and has a healthy manifest of paying customer launches. There's probably some insurance in place to mitigate financial losses. And this is the benefit of bringing costs down, especially with the complete complete re-use SpaceX is targeting.
- FrankenPC 11y agoReminds me of that article about the Sony Aibo dogs ending their mechanical end of life. After 16 years, they are failing and they're no replacement parts. Point being, if Sony had kept going with that incredibly sophisticated robotics tech (for the time) they would be an industry leader right now at a time when robotics is about to explode. Did Sony run out of funds? No. They abandoned the project because of fear for stockholder repercussions. That's what I meant by that comment. Sometimes stockholder flash back is enough to abandon a really great idea.