Comment by rluna828
11 hours ago
This merger smells like a bubble. Servers in space? They don't make enough to cover costs here on earth. Americans will be forced to bail this mess up because we need Falcon 9, Starship one, etc.
11 hours ago
This merger smells like a bubble. Servers in space? They don't make enough to cover costs here on earth. Americans will be forced to bail this mess up because we need Falcon 9, Starship one, etc.
The military (and/or government) should keep paying in advance for anything they need from SpaceX and make sure other unsecured creditors are not tooo significant.
When it all goes bankrupt, they can pay off the bonds for x¢ in the dollar and own SpaceX.
Perhaps if the gov could organize a little better, they'd make sure SpaceX owed lots of taxes and put themselves in front of the queue for ownership and screw other creditors (especially foreign).
Edit: looks like the US military doesn't spend that much on SpaceX: https://londoneconomics.co.uk/blog/publication/crouching-riv...
The magic is not money or subsidies. Boeing got far more and they produced bupkis. Its organizational excellence. I don't know if that would survive. I guess if they can keep Falcon 9 stable then its still worth something but I imagine the star employees who grind themselves to dust getting this stuff to work do it for the mission and would depart if this occurred. Would Falcon 9 fall apart of that happens?
> Americans will be forced to bail this mess up because we need Falcon 9, Starship one, etc.
Or they could just go with the competition. If it came down to propping up something, I don’t see much difference between propping up ULA, Blue Origin or SpaceX. In the current environment who gets propped up probably depends on who scratches Donalds back.
This could just be a gamble they hope pays off. Or maybe there is some kind of other bigger picture strategy at play here that goes beyond just the AI from space idea. I try to stay optimistic about innovations in tech and I like to see companies willing to try new things instead of just staying stagnant.
For example, I think the car market had become pretty stagnant with traditional car makers, and most electric cars they attempted to make sucked. Tesla making good desirable electric cars really pushed EV's into becoming more popular and having a better charging network. I think it would have taken much longer for EV's to start growing in popularity if someone wasn't willing to take a risk.
Are they going to be too early to the market for this kind of tech? Maybe. Is it going to end up being a waste of money? Yeah it totally could be. But at the end of the day I do like to see some risks being taken like this and it sucks seeing constant negativity whenever companies try something new.