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To: SunkenCiv

Proving once again that private industry can smoke government bureaucracy.


6 posted on 07/04/2024 6:58:26 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: Vigilanteman; drSteve78; Jonty30; butlerweave; healy61
A few years back there was some Demwit success story in Congress who complained that gubmint contracts shouldn't be used to pay for "used" rockets.

Even a new Falcon 9 runs something under $70 million for a new one, and subsequent launches run a bit over $50 million, which means using a booster ten times (which has been done) makes everyone (except the Demwit broad) happier, and SpaceX a nice profit.

Even with the added complexity of (partial) reusability, the Falcon 9 cost a mere $400 million to develop. The Shuttle used to run about $500 million PER LAUNCH. :^) And that was when $500 million *was* $500 million. :^D

SpaceX hasn't had its IPO, and given the hassles Musk has endured, I doubt it will while he's still alive and well. The only way I know of to get a piece of it is indirectly, through one of the Baron Funds (I think the symbol is BFGIX).

8 posted on 07/04/2024 7:15:16 AM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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