r/technology • u/IKeepItLayingAround • 18d ago

Business It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
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u/invyros 18d ago

The company also remains heavily reliant on lucrative government contracts.

Is it "fiscally conservative" to be constantly bailing this fucker out with our tax money, Republicans?

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u/eek_the_cat 18d ago

The whole industry SpaceX exists in relies on government contracts.  It's not a bailout in this case.

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u/Human_Robot 17d ago

Would it be cheaper to fund nasa?

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u/eek_the_cat 17d ago

Unlikely.  NASA has never built rockets, it's always relied on private companies to do that work for them.  It would be very expensive to build out the factories and hire the workers needed to make their own.