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by somenameforme 824 days ago
Well, failing to launch at a scheduled time and long term general delays are two different aspects of failure from my perspective. One is an inability to meet short term goals, and the other is an inability to meet long term goals. I'd consider it to be akin to something like tactics vs strategy - and both reflect upon a company in different ways.

As for the SpaceX thing, this is just concern trolling. Nobody has any genuine concern about SpaceX's financial stability. This also includes Elon, but I also think he's focused on the longterm - and in such a frame of thought considering black swan events is critical. In the worst case scenario he could take SpaceX public and raise hundreds of billions, but that would also likely greatly imperil their overall mission. There's no money [for now] to be made colonizing Mars, and so making oneself beholden to shareholders in inconducive to progress.

I'd also add that this is even more true when we're comparing them to companies like Boeing. Boeing's already been bailed out at least once, and is extremely dependent on reckless government spending as well as our forever wars. Even right now when we're carrying out multiple wars around the world and dumping massive amounts of money towards Boeing for space missions that they will probably never complete, Boeing's losing about a billion a year. Expressing concern about SpaceX's finances when comparing them against 'that' is something that cannot be considered a realistic concern.