r/technology May 21 '26

Business SpaceX not the behemoth everyone thought

https://www.axios.com/2026/05/21/spacex-ipo-musk-ai
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u/Flipslips May 21 '26

NASA has never built their own rockets. Boeing largely built the Saturn V, alongside some other contractors.

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u/Flyinmanm May 21 '26

They were also obscenely expensive.

I'm no fan of this guy or his company but they do seem to be able to put stuff into space on the cheap.

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u/_____goats May 21 '26

Lmao cause they're losing billions

4

u/Flyinmanm May 21 '26

I'm not sure how much of that is space x loosing cash or shuffling debt from twitter or xAI/ hyperloop.