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by nikcub 5560 days ago
I am totally blown away by how a private company has done this, especially at a cost much lower to what government programs have managed to achieve.

I was recently watching a documentary about the early jet era and I remember being amazed at the innovation showed by those at De Havilland, Boeing, DC and thinking 'this would never happen again, everything is too expensive' - and here we have a private company getting us into space at 20% of the cost.

1 comments

You better not let a US military-industrial corporation like Boeing acquire SpaceX. Those low cost launches will disappear instantly.
That is a great point. I hope it is structured in such a way so that post-IPO (I assume there will be one) there would be a poison pill of some description to prevent a hostile takeover.

They have a number of government contracts now, in the value of billions of dollars. They have only raised $125M total, so they may not need to raise much in an IPO.