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by snowwrestler
3571 days ago
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Bezos has more wealth than Musk, but SpaceX has paying customers. I believe Musk has said that they have about $10 billion committed from customers already. That generates cashflow, plus gives them a good story to tell when they pitch seek outside investors. |
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They also make money via manufacturing for other companies. IIRC the engine for New Glenn is going to be used in an upcoming ULA rocket.
It's very early for them, and it's clear that SpaceX has a good decade or so on them, but it's exciting to have the possibility of real competition in this area again.