The lesson I take from the SpaceX IPO is that the only thing stopping us from solving arbitrarily difficult problems is extreme creativity in business models.
No amount of tax and spend programs got us reusable rockets and great electric cars. Customer delight is a necessary precondition for success.
There seems to be some discussion around whether successful entrepreneurs should give up control of their companies so they can subsidize some philanthropic venture that otherwise has no value prop sufficient to run it as a business where customers voluntarily exchange money for goods and services at a competitive and reasonable price.
This misses the point. Transformational products deliver tangible value at 1000x the rate of charities whose value cannot be tested in the market place. Think about the undeniable value of the smart phone, satellite Internet, electric consumer devices, etc etc.
I think the transformational moment for SpaceX was when Elon stepped away from the philanthropic Mars greenhouse concept and fixed his resolve on unlocking radically better rockets for humanity. The greenhouse would have been, at best, a neat trick. Falcon and Starship give humanity a durable economic engine to maintain and improve access to space, forever.
If schedule holds, these 3 giant rockets will launch in the next 3 weeks.
From left to right:
New Glenn - satellite launch now, planned for the Moon
Starship - test flight 12 now, planned for the Moon
Artemis - to the Moon and back with 4 crew aboard
Pushing the very edge of our capability as we learn how to more safely & cheaply reach space, to explore all that exists beyond.
@nasa@SpaceX@blueorigin
SPACEX DROPS AWESOME FOOTAGE OF STARSHIP 10 LANDING
SpaceX has released stunning high-definition footage of Starship Flight 10’s historic Indian Ocean splashdown.
Cameras mounted on a buoy and drone captured the world’s largest rocket slicing back through Earth’s atmosphere before executing a flawless soft landing on the water.
The video highlights the controlled descent of both the booster and upper stage, a milestone moment that proves the path toward rapid reusability.
Starship’s success cements SpaceX’s lead in heavy-lift rockets and brings Mars colonization a step closer.
Source: @SpaceX
Filmmaker and photographer Alex Hyner combines the different images he took of the sky into mesmerizing digital collages, typically using electrical poles and cables to geometrically subdivide the space.
More views from today's historic SpaceX IFT-5.
All the targets were 💯.
These are Mechazilla's chopsticks catching the SuperHeavy booster at the first test.
Starship's fully and rapidly reusable design will exponentially increase humanity’s ability to access and utilize outer space. To unlock its full potential, and do it rapidly enough to meet commitments to national priorities like NASA’s Artemis program, Starships need to fly → https://t.co/TSBCzaflYP