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Comment by farresito

11 hours ago

NASA just splurges money. The private sector is far better when it comes to money.

> The private sector is far better when it comes to money.

I've heard this a lot, but I've worked for BigCos and it seems like all they do is spend money, often superfluously. I've seen BigCos spend large quantities money on support contracts every year that haven't been used in more than a decade, or sending people on business trips across the country so they can dial into a meeting, or buying loads of equipment that sits dormant in warehouses for years and then is eventually sold off for pennies on the dollar.

I'm not convinced that they're better than the government with money allocation, I think they're just better at telling people they are.

... as we can tell by whatever the everloving fuck is going on with this press release.

  • I'm not talking specifically about SpaceX, although historically the cost of their rockets have been much lower than NASA. I'm being much more general. The public sector doesn't have the same incentives that private companies have, whether it's rockets or any other technology. It's sad, but it's the truth.

We have absolutely no way of gauging this until after SpaceX goes public.