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The chances of SpaceX failing in an irrecoverable way are zero. In some sort of crazy black swan event, a public offering of stock/equity would easily bring in vast sums for them. They even managed to get through COVID unscathed. The main danger of relying on a single provider is them taking advantage of that position and charging unreasonable rates, exactly like Boeing/Lockheed have been doing for decades (two companies, exact same issues - go figure). But SpaceX is ideologically motivated and minimizing the costs of spaceflight, as they have now been doing for decades, is a fundamental part of their goal. To use an obvious example, we didn't build out two identical Apollo programs. Space is orders of magnitude more complex than air flight, and Boeing is now left struggling even with the latter. China has a highly advanced space program and have successfully launched/manned their own space station, and much more. Yet even they are technologically far behind SpaceX - the same is true of Russia. I don't actually understand why this is, as it's not like SpaceX is relying on any sort of just extremely well guarded secrets, but whatever the reason, it is what it is. And so with this context, I don't think there's any realistic chance of Boeing "getting its act together" anytime in the foreseeable future. So it turns these gestures into little more than lighting tens of billions of dollars on fire. And that's a pretty big fire. |
And there is no real secret to a lot of their manufacturing methods either. They just attacked hard problems aggressively with really smart people and clear leadership.