Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Sobieski at Kahlenberg Mtn.
This is why so many people love Elon.


1,532 posted on 02/24/2021 7:34:39 PM PST by wastedyears (The left would kill every single one of us and our families if they knew they could get away with it)
[ Post Reply | Private Reply | To 1435 | View Replies ]


To: wastedyears

Yes that is good PR which Musk is great at generating especially relating to delivering via reusable rockets to ISS and his plans for missions to Mars in the future but they at present do not pay the bills.

In December 2020 his Space X was awarded a 885 million dollar contract by the FCC to provide internet service to underserved rural areas with high-speed internet service. Until this point Space X had no major revenue producing clients. This contract can be the building block for his pie in the sky projects, as long as it meets the FCC criteria. A number of companies such as Amazon’s Project Kuiper are also being launched to provide internet service and compete with Musk.

So good PR gives Musk visibility but doesn’t pay the bills. Time will tell if he is successful in his Space X endeavors. A contract awarded in December is promising but future competition is always lurking and can he meet what he has promised?


1,536 posted on 02/24/2021 8:03:56 PM PST by Sobieski at Kahlenberg Mtn. (All along the watchtower fortune favors the bold.)
[ Post Reply | Private Reply | To 1532 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson