this post was submitted on 09 Sep 2024
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Enough Musk Spam

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For those that have had enough of the Elon Musk worship online.

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[–] Chickenstalker@lemmy.world 23 points 2 months ago* (last edited 2 months ago) (1 children)

Very rich (hah) for a guy who uses government funds to build his explodey space rockets.

[–] deltapi@lemmy.world 9 points 2 months ago (2 children)

Not the greatest example, imo.

SpaceX has been very consistent in delivering on its government contracts with far more cost efficiency than any of its competitors.

The most glaring example is the Commercial Crew Program. They were given far less money than Boeing, and it looks like they might end up being the sole US provider of commercial crew to the ISS.

Starship HLS (moon lander starship) is government funded, but core Starship is not, it's financed with private equity - so the rocket explosions haven't been on the taxpayers' dime.

That all said, Elon doesn't really run SpaceX, Gwynne Shotwell does - which is probably the smartest business decision Elon has ever made.

[–] UnderpantsWeevil@lemmy.world 7 points 2 months ago

SpaceX has been very consistent in delivering on its government contracts

"Better than Boeing" is very low bar, ATM. But SpaceX technology appears to be lagging India - which put a probe into Marsian orbit for $75M a full ten years ago - and Russians - whose Soyuz rocket continues to provide the cheapest LEO lift at $3800/kg.

SpaceX is in the traditional American contractor model of Late and Overbudget. What's more they don't pay their bills on time.

As an American firm, they're the best of the worst. Intentionally, they're experimenting with interesting techniques, but they aren't outcompeting their global peers.