[Zigurd]

Rocket companies aren't high value. The vast majority of Falcon 9 lunches are for Starlink. They're not bringing in outside money. There are lots of financial shenanigans in the capitalization of satellites with short lifespans, and hiding the football on Falcon 9 refurbishment costs. "Dominating" the launch of your own payloads makes AI circular market participants blush.

[anovikov]

Well, but at least it shows his engineering and management skills. Both US incumbents and Russians struggled to create new viable launch vehicles and Russians even lost capability to produce old ones (Zenit, then Proton). SpaceX seemed to have no problem doing it.

Falcon 9 refurbishment costs can't be high because whole thing takes under 2 weeks with less than a week spent in hangar for any refurbishment work... There may be no refurbishment at all on many flights, just some checks.

And yes, they ate entire worldwide commercial launch market and it wasn't enough... So there's Starlink. They appear to have no war around creating demand for themselves with their own payloads because others are not up to that task - there is too much rot and dysfunction everywhere in the space business worldwide except SpaceX, so they are kinda forced to vertically integrate.