Anonymous #1 3w

No lmao he was too ketted up to remember that daddy Trump controls whether or not spacex gets government contracts. Once he sobered up he changed his tune real quick

3

Anonymous #2 3w

SpaceX is profitable with its starlink service. He technically doesn’t need gov funding.

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Anonymous #3 3w

Do you know how unprofitable rockets are? Space X can’t survive without government contracts and subsidies

7

Anonymous OP 3w

Starlink alone generated 8 billion dollars in revenue last year. Each starship is estimated to be 100 million. Falcon 9 is around 15 million per launch.

1

Anonymous #3 3w

Elon lives off government subsidies by making false promises lmao, on mars by 2025 right?

1

Anonymous #2 3w

If you would have read the Elon musk biography by Walter Isaacson. He sets these goals knowing they likely won’t be meant. It’s a tactic to try to push everyone working on a project to complete the task faster.

0

Anonymous #3 3w

Yeah the billions he gets in subsidies and contracts are just side effects uh huh

1

Anonymous #3 3w

He hasn’t even launched a rocket intended for mars without blowing it up Jesus dude

1

Anonymous #2 3w

He applies for contracts from the government like any other firm does. He wins them because he best meets the requirements laid out by said contracts. He never actually got the RDOF subsidy as he didn’t meet contract requirements.

1

Anonymous #3 3w

To be entirely fair with you I don’t know the ins and outs of government contracts and subsidies but what I can tell you is that the SEC has a very strong case for lying to investors if they ever decided to go after Elon, and that those same lies were told to the government plenty of times

1

Anonymous #3 3w

Starlink could generate 100,000,000 trillion dollars a year it don’t matter. If expenses are more than revenues then it’s not profitable. It cost money to build each receiver, send satellites to space, maintain the base stations, fiber wire connections, and all the research and development.

1

Anonymous #2 3w

Investors won’t sue until they start losing money and to date he hasn’t really lost money. Just the way that kinda thing works.

1

Anonymous OP 3w

SpaceX recorded profit first quarter of 2023.

1

Anonymous #3 3w

Kinda seems unsustainable no? Make large promises you know you can’t keep to investors then receive government funding to pay those investors. Really seems like a bubble of some kind to me

1

Anonymous #3 3w

That’s not true. Investors won’t sue unless there’s fraud or management is blatantly breaching their fiduciary duties. There are risks to investing and you can’t sue a company just because they’re losing money. Investors realize that space x isn’t supposed to be profitable anytime soon. It’s a long term bet. Many of your other favorite companies lost money everyday including Tesla which didn’t start producing profits until recently and a big part is from selling their emission credits

1

Anonymous #2 3w

Tesla is probably overvalued right now but not to an extreme degree. They just signed off an a trillion dollar pay package so the shareholders trust him.

1

Anonymous OP 3w

My statement was oversimplified. It’s more complicated than that but generally nobody cares till they loose money.

1