"Private" company SpaceX receives billions in public funding: tax payer money funneled through the military and NASA.

submitted by In-the-clouds from finance.yahoo.com

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[–]Canbot 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (1 child)

This is propaganda. The gov pays Space X to launch their shit into space because it is cheaper than any other alternative.

[–]brimshae 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

I expect nothing less from the shitheels at Yahoo.

[–]Jiminy 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

"Generally speaking, government launches tend to carry higher price tags -- not just because the U.S. government can afford to pay more (it can literally print money to pay its bills, after all), "

Can it? Or does it borrow from the private federal reserve?

[–]xoenix 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Elon makes shitloads more on green subsidies for EVs.

[–]Canbot 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Everyone who makes EVs does. That is what they are for.

[–]package 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

The alternative is the government itself being responsible for designing, building, and testing their own rockets. I can't imagine that that would be less expensive.

[–]noshore4me 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

That's how contracts work. Wait until you hear about Raytheon and Lockeed Martin.

[–]brimshae 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Boeing.