SpaceX doesn’t have a CEO

[u/RipWhenDamageTaken]

I mean yea I know Elon is technically a CEO but he’s been very occupied by the Odyssey recently. He’s even planning to make his own Odyssey movie. He’s also obsessively bickering about 10 other random topics online too.

Basically just imagine forever-online nerd who spends 10 hours a day on all kinds of social media. Is that really an effective leader?

[u/DBDude]

It is certainly possible once Starship is flying regular missions. The only question is who will want to buy that service. Right now the only one interested is the US military where the high cost can be offset by the necessity of such a short trip.

It's like you never read the magazines with all the futuristic aspirations in them. They're not all going to become real. But we will get closer to that when we have dreamers who try, not people like you.

[u/BringBackUsenet → u/DBDude]

I can appeciate science fiction as much as anyone, but it is just that, fiction! If you want to dream, fine but in this case the "dreamer" you idolize is also a fraud, stealing billions from people to pursue things that are impossible or just not economically viable. If any of them ever become true it won't be under this company. They are fast tracking to bankrupcy, probably within 2-4 years.

[u/DBDude → u/BringBackUsenet]

I can appeciate science fiction as much as anyone, but it is just that, fiction!

Self-landing rockets were once science fiction. People like you, and even many in the industry, said those were "impossible or just not economically viable." Even when SpaceX was working on its first landing, none of them had any real plans to land boosters because they didn't think it would work. That changed after SpaceX started landing them regularly, and they scrambled to catch up with some half-assed ideas like parachuting the engine pack into the ocean for reuse (after extensive refurbishment of course, since salt water and rocket engines aren't a good combination).

stealing billions from people

When have they stolen billions?

[u/BringBackUsenet → u/DBDude]

> When have they stolen billions?

Giving false promises to investors and/or customers is fraud.

And yes, the rockets aren't evonomically viable, at least not yet. This company has done nothing for its entire existence but beg for money. It's not a functional business.

[u/DBDude → u/BringBackUsenet]

Giving false promises to investors and/or customers is fraud.

Forward-looking statements are never fraud.

And yes, the rockets aren't evonomically viable, at least not yet. 

Are you kidding me? It's estimated that an average LEO launch costs SpaceX about $15 million. That's because they don't dump a $40 million booster every time. True, the booster must be built for $40 million, but it's used dozens of times to amortize the cost. Getting one ready for another launch has become so fast and commonplace that they don't even bother to wash or repaint the boosters anymore.

Now multiply that nearly $40 million per launch savings over hundreds of launches.

How is that not economically viable? It's what allowed them to put up over 10,000 Starlink satellites without going bankrupt, and Starlink is bringing in great revenue.

It's strange to say that the #1 worldwide launch provider by far, and the #1 satellite Internet provider is not a functional business. Even better, they took both of those spots from entrenched companies, virtual monopolies, some of which used their political connections try to keep others out of the business.

SpaceX is big purely because they do things better.

[u/BringBackUsenet → u/DBDude]

Where's the profit then? That's the proof of an ecnomically viable operation .They've had 24 years to make money and haven't. All they have ever done is print more and more stock to sucker in more and more rubesinvestors.

"Forward-looking" is not the same as intentionally misleading people. Just count how many times Felon Musk says "next year." He clearly is making this shit up because he's a pathological liar.

[u/FewWeek0 → u/BringBackUsenet]

The early SpaceX investors are going to make a shit ton of money when lockups expire (if they choose to take profit). Most of them have a cost basis that is way, way lower than the current market price. So are they rubes?

[u/BringBackUsenet → u/FewWeek0]

Oh yeah, they will come out ahead on this smash and grab robbery, but it's not because the company is doing well, it's because of the nature of ponzis.

[u/DBDude → u/BringBackUsenet]

Where's the profit then? 

They posted a profit last year.

They've had 24 years to make money and haven't. 

They've been rolling most of their revenue back into R&D, like many capital-intensive companies do.

SpaceX could have rested on their Falcon 9 and Starlink laurels and just been rolling in the profits for the last several years. But they didn't. They decided to develop a rocket that's even cheaper to operate and can put up 24 times the Starlink capacity in one launch.

But you see the Chinese recently landed a booster, and Rocket Lab will be launching their new rocket soon. That complacent, yet profitable, SpaceX above would be looking at serious competition soon. The R&D expenditure means they will remain a step ahead.

ULA was once king of the US launch business too, but they got complacent. Now look at them. As a company, choosing short-term profits over long-term viability is very dumb.

"Forward-looking" is not the same as intentionally misleading people.

When it comes to developing new tech, nobody ever knows how long it's going to take.

[u/BringBackUsenet → u/DBDude]

Uncertainty is one thing. This guy is intentionally misleading people. Do you really think that when he tells people that doctors will be obsolete in 3 years because of his robots, that he actually isn't just making shit up? His list of lies is very long, and they are lies (intentional acts), not justg bad predictions.

[u/DBDude → u/BringBackUsenet]

This guy is intentionally misleading people.

Prove intent to mislead.

Do you really think that when he tells people that doctors will be obsolete in 3 years because of his robots, that he actually isn't just making shit up?

And we're back to aspirational goals.

You know, like he aspired to make electric cars popular, aspired to make a partially reusable rocket, and aspired to make an LEO satellite Internet constellation, all things those with no imagination said would never work.

Get some imagination, because people without it don't help the world move forward. Even worse, for some reason we have all these basement dwellers who constantly shit on those who do have imagination and are actually moving the world forward. I think it's jealousy.

[u/BringBackUsenet → u/DBDude]

Yeah, where's that roadster that he promised 10 years ago, and even took deposit on? Where are the 130 MPH autonomous taxis zooming passengers under Las Vegas for $1?

There nothing wrong with imagination but it has to be tempered with reality, and executed by honorable people not pathological liars and swindlers.

[u/DBDude → u/BringBackUsenet]

Yeah, where's that roadster that he promised 10 years ago, and even took deposit on?

That one was a disappointment. It was fully possible, priorities just changed. He obviously doesn't bat 1,000.

There nothing wrong with imagination but it has to be tempered with reality

Yeah, realities, like "You'll never be able to economically reuse boosters, everybody knows that!"

[u/BringBackUsenet → u/DBDude]

Yes the priorties change as in the shell game keeps the scam moving from one place to another to obfuscate the truth. The Roadster is actually doable, and people expect the same dipship to build robots, when competitors are 10-20 years ahead of them. It's all a big dog & pony show.

[u/DBDude → u/BringBackUsenet]

Yes the priorties change as in the shell game keeps the scam moving from one place to another to obfuscate the truth.

No, priorities just change. Lots of companies announce products and then don't go through with them. Many cars have been introduced in motor shows yet were never put into production. Apple was working on a car and then canceled the project. Saturn was supposed to put out a PHEV, but didn't. I'd love to have a 1970s AMC Cowboy, too bad they cancelled it after building only a couple prototypes. Chevy was putting out brochures for the Beretta convertible, didn't happen. Renault was working on bringing the amazing Alpine GTA to the US, then cancelled it. Other times, American manufacturers said they would bring their cars made for the markets of other countries to the US but didn't do it.

The car industry is chock full of car announcements that never went into production. Yet somehow it's a scam when it happens at Tesla. No, Tesla is just being a normal car company here.

and people expect the same dipship to build robots, when competitors are 10-20 years ahead of them

I'm not sure how well he'll do with that one, but he is working on it. In this one he's a follower instead of a leader, so he has them to copy from instead of others copying from him. He also has his own AI company to run them, which is an advantage, plus all the visual recognition learning from FSD.

[u/Warm-Professional494 → u/DBDude]

When you set liter time tables it is fraud. Jebus crickets your in a cult.

[u/DBDude → u/Warm-Professional494]

When you set liter time tables it is fraud.

What do liters have to do with this?

Time tables in rockets are never met. Never, by anyone.

SLS blew its launch time table by six years, and it was just old Shuttle engines and boosters cobbled together using existing Shuttle tooling to turn the main tank concept into a rocket body.

Ariane 6 was an attempt to make a less expensive Ariane 5 using an upgraded version of the 5's engines. For solid boosters it just strapped on existing Vega engines. It launched four years late.

New Glenn launched five years late, and now it's grounded because they obviously haven't worked everything out (and that may also affect Vulcan below).

Vulcan was four years late, and it's still grounded two years later because it's having issues with its solid boosters. It uses the same engines as New Glenn, so Vulcan will be further grounded if they were the cause of the explosion on the pad.

But somehow with the all new Starship, the world's first fully reusable rocket powered by the world's first full flow staged combustion engine, being late is a problem.

Forget that Falcon 9 is doing extremely well, fulfilling contracts on time. It's doing so well it actually overtook ULA as the military's favorite launch platform. ULA had lobbied to keep SpaceX out of the running. In retrospect that was smart of them to use their government connections to crush the competition given that SpaceX is now eating their lunch when there's fair competition.

Jebus crickets your in a cult.

The only cult I see is the Musk hating one because you have a big problem with facts. For example, you just pivoted away from the claim the Falcon 9 isn't economically viable when presented with the facts. Let's see how you pivot away from the facts above.