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by cma 1584 days ago
SpaceX is in big part successful through what looks like corrupt self-dealing and fraud. They bailed out SolarCity with NASA funded bonds and then instead of taking the L when SolarCity was to go bankrupt, Tesla bailed them out with a fake demo of non-functionable solar shingles followed by an acquisition.
1 comments

SpaceX has delivered fundamental breakthroughs in commercial space launch. Any analysis of the company that omits this is extremely disingenuous and makes me suspect ignoble motivations behind the critique.
If Theranos had a breakthrough other parts could still have been fraud.