Free Republic

Elon Musk and his corporate empire, much of it financed by taxpayer dollars, is very much in the news. Most of it is not good. And it may be getting worse. Tesla spends $1 million annually on Washington lobbyists. Its cars are financed by over $280 million in federal tax incentives, including a $7,500 federal tax break and millions more in state rebates and development fees. SpaceX has also received over $5 billion in government support. It has over promised and under delivered. SpaceX rockets, for example, are far less reliable than many of its competitors. This is outlined in...

The statement didn’t specify what it meant by “space altitude,” but company officials have previously said they were using the altitude of 50 miles, or approximately 80 kilometers, used by NASA and the U.S. Air Force for awarding astronaut wings. “For Virgin Galactic, the major milestone that we perceive is the altitude at which NASA and Air Force folks get their astronaut wings, which is 50 miles,” George Whitesides, chief executive of Virgin Galactic, said last month. “For us and our customers, I think we’ll be focused on 50 miles, at least at the start.” That is below the 100-kilometer...