FTR_1077
FTR_1077 t1_jdpgee7 wrote
Reply to comment by SpaceInMyBrain in Rocket Lab targets $50 million launch price for Neutron rocket to challenge SpaceX’s Falcon 9 by cnbc_official
>giving them even larger profits
SpaceX is not profitable. You can't have a larger something that you don't have.
FTR_1077 t1_jdpg6dm wrote
Reply to comment by Anthony_Pelchat in Rocket Lab targets $50 million launch price for Neutron rocket to challenge SpaceX’s Falcon 9 by cnbc_official
>We don't know all of SpaceX's financials, but we do have very good info on the cost per launch of the Falcon 9.
We don't, unless you work for their financial department, we can only speculate.
>Three execs have spoken about the F9 launches being well under $30m
And there's no way to confirm that, it's fine if you decide to trust them, but History shows Elon's companies are not know for being truthful.
>As for the rounds of funding, we also know what that is for.
Again, we don't.. unless you work for their financial department, we can only speculate.
>And if F9 wasn't much cheaper to fly reused, then we would see SpaceX take it easier on launches
Why would they do that? The only way SpaceX is getting money is from investors is because they think SpaceX is revolutionizing the industry.. without the reusability gimmick, SpaceX is just another rocket company.
FTR_1077 t1_jdpfbwu wrote
Reply to comment by morosis1982 in Rocket Lab targets $50 million launch price for Neutron rocket to challenge SpaceX’s Falcon 9 by cnbc_official
>But they have committed serious funds to develop both a LEO satellite constellation for fast internet and also a fully reusable rocket design that would lift 150t to LEO,
Well, the former one changes the business model of the company, from orbital launches to telecommunications. It's a bad sign for a start-up to pivot that late in the game.
And on the later, although it sounds like a natural progression of the launch services, the failure of FH is a bad sign for starship.. SpaceX may end up never making money.
>It's like Amazon, where they didn't 'profit' for 2 decades because they were building AWS.
Sure, but SpaceX is still far away.. let's say it takes another 10 to make starship as smooth as F9. Are the investors willing to wait 30 years? 40 years? At some point money is going to run out.
FTR_1077 t1_jdmgkh9 wrote
Reply to comment by binary_spaniard in Rocket Lab targets $50 million launch price for Neutron rocket to challenge SpaceX’s Falcon 9 by cnbc_official
Exactly, SpaceX is operating under the start-up model "grow without caring about profits". That's makes it very possible they are just dumping F9, France already accused them of doing so.
** BTW, SpaceX was founded 20 years ago, it should be profitable by now, behaving like a start-up after so long is just a bad sign.
FTR_1077 t1_jdmg3xx wrote
Reply to comment by BrangdonJ in Rocket Lab targets $50 million launch price for Neutron rocket to challenge SpaceX’s Falcon 9 by cnbc_official
>Those rounds were to raise funds for Starship and/or Starlink
We don't know that.. we can speculate though. Isn't it fun?
FTR_1077 t1_jdmc9id wrote
Reply to comment by pm_me_ur_ephemerides in Rocket Lab targets $50 million launch price for Neutron rocket to challenge SpaceX’s Falcon 9 by cnbc_official
>The purchase price of a Falcon9 launch did not decrease significantly after they achieved reusability, they just increased their profit margins.
We don't know that, SpaceX financials are not public. Given the fact that SpaceX has consistently run rounds of funding, costs may have increased with reusability.
FTR_1077 t1_jad2vqp wrote
Reply to comment by AndyB1976 in Bailiffs Are Dressing Up Like Police Officers to Scare Tenants Out of Their Homes by Mighty_L_LORT
>hooking their thumbs into their vest straps like they were waiting to be aggressively confronted.
I know it looks like that, but is actually done out of comfort. I use vests and do that all the time, it's a way to rest your arms.
Still, dressing like going to a war zone in suburbia is the most ridiculous shit people do..
FTR_1077 t1_iyedd0f wrote
Reply to comment by moofunk in Competitors chip away at Tesla's US electric vehicle share by Sorin61
>EVs were really looked down on back then, even if they could have worked.
That has never been true, electric cars have always been the "future". The problem has always been the batteries. Tesla just came at the time when the right technology/price point came to market.
I was there, 3000 years ago.. Ok, I'm not that old, but old enough to remember electric cars in the 80s and 90s, concept cars that is.
FTR_1077 t1_iydowsx wrote
Reply to comment by OriginalCompetitive in Competitors chip away at Tesla's US electric vehicle share by Sorin61
>Your claim was that the decline was devastating to Tesla.
To be fair, it's devastating to stock valuation.. how much that matters is relative.
FTR_1077 t1_iydogn8 wrote
Reply to comment by Pokerhobo in Competitors chip away at Tesla's US electric vehicle share by Sorin61
> I guess a negative connotation brings in more clicks.
The negative connotation comes from the expectation for Tesla to dominate the market, without it the market cap is unjustifiable.
FTR_1077 t1_iydo92u wrote
Reply to comment by FreshNoobAcc in Competitors chip away at Tesla's US electric vehicle share by Sorin61
>No auto companies would touch EV with a ten foot pole 20 years ago,
Because the batteries needed didn't existed yet.. making them out of lead acid was just impractical.
FTR_1077 t1_iuithhp wrote
Reply to comment by Flowerinthevalley in Texas woman who pulled BB gun on man didn’t want to go to Walmart, PD says by catchpen
Puro 956 cuh!
FTR_1077 t1_isrj68m wrote
Reply to comment by seanflyon in NASA outlines case for making sole-source SLS award to Boeing-Northrop joint venture by jeffsmith202
>Falcon Heavy will be human rated if their is a customer to pay for it.
Elon said that will never happen, SpaceX is betting on starship.
>SLS is years away from being ready to carry humans.
SLS is ready to carry humans right now, of course it needs to be tested first. But it is already human rated.
>Falcon Heavy could easily be ready to carry humans before SLS is ready to carry humans.
Again, Elon said that will never happen.. and regardless, it doesn't have enough power (remember the 80% mention before).
FTR_1077 t1_isrha70 wrote
Reply to comment by bambooboi in NASA outlines case for making sole-source SLS award to Boeing-Northrop joint venture by jeffsmith202
Falcón heavy is not human rated, and will never be. Also, SLS is 80% more powerful.. so no, it doesn't work.
FTR_1077 t1_jdqwef9 wrote
Reply to comment by morosis1982 in Rocket Lab targets $50 million launch price for Neutron rocket to challenge SpaceX’s Falcon 9 by cnbc_official
>I wasn't aware FH had failed,
FH has flown about once a year, a rocket more capable than F9. The market just doesn't exists.. A product left on the shelves is a failed product.
Starship is even more powerful, the only actual client is Artemis, and that will fly once every few years (if we are Lucky). And on top of that SpaceX is not making money out of HLS, part of the reason why they got the contract was because SpaceX is putting like half of the money.
>Starlink is a bit of a left field idea but from the sounds of it was designed as a way to provide cash flow long term to develop Starship. Satellite internet already exists, is a mature market.. even if SpaceX completely dominated the market, there's not enough money there to fund starship development. That's why SpaceX keeps running rounds of investment.
SpaceX is a start-up, a 20 year old start-up that doesn't make money.