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by simonh
2927 days ago
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Building rockets wasn’t new, landing rockets wasn’t new, grid fins weren’t new. But now we have an 80% reusable orbital launch system and he’s working hard on the other 20%. Likewise with the Boring Company. Of course they still need to prove themselves, but the factors that work in their favour in tunnel construction are the same ones that favoured SpaceX. ULA and the established rocket manufacturers made big profits off the fact that launching rockets is stupidly expensive. That meant their profit margins ended up being stupidly large quantities of money. Musk’s contention on big tunnelling projects is that big construction companies have similar incentives not to reduce the costs of tunnelling. However Musk as an outsider is free to innovate and develop the engineering and technology because he doesn’t have big fat profits he’s already tied to. |
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All these features already exists in current and older machines. And the rocket market is different from the boring market.