With respect, your comment was ignorant as your links highlight.
A $20M economic development subsidy is peanuts for a rocket company. Receiving money from government contracts is business, not subsidy.
Why would you say my comment and the links were ignorant? That's pretty strong without explaining. Myabe it is, and maybe I am. Would you share your point of view?
I can explain mine.
Every government is same - extorts currency from whoever it can (usually the people that are 'convinced' without taxes there wouldn't be life on Earth - hmm....), doesn't produce anything, wastes resources and lives the life until it bankrupts (not going further here, but check... surprise EVERY GOVERNMENT THAT EXISTS OR EXISTED).
Government, as MJ explains in his book, is not some mythical creation, it's people. It's us.
So these 'government people' don't produce anything, extort currency/resources from whoever they can and spend it on whatever they can, without making decisions based on common sense or ROI (because it's not their resources).
If they produce something of value, it's mostly by accident. As they don't own their resources, and the business of 'governing', their business justification is to spend (Parkinson's law and other on bureaucracy).
So how did we get here, when we speak about Musk and e.g. SpaceX (or Tesla)?
According to the article I pasted:
"(Separate from incentives, SpaceX has won more than $5.5 billion in government contracts from NASA and the U.S. Air Force.)"
$5.5 billion from the government is ... peanuts?
Yes, it's business, but business based on extortion, and everything I mentioned above.
Would you be so kind and explain to me how a person buying bread, that is taxed with sales tax, benefits from the rockets Mr. Musk builds?
For me these are Pyramids and even more Pyramids... I know the satellites help in communication and in research, but add everything that goes with any government, 'additional costs' (bribes usually constitute 10% of every government contract, don't start on any other 'additional costs')... I think everybody should get the point.
I am of course open to discussion, but I know the difference between 'private' initiative and the 'public' one. Both are completely different.
Musk might be a genius, but that doesn't mean his right all the time, everything he touches turns into gold, and his poo smells with roses. He might be genius only in certain areas, that made him a billionaire, while really retarted in 99% of what's going on everywhere else.
As Tesla proves, he cannot even execute a simple idea, that has its roots in early 1900s, that simple craftsmen did in 1980s.
Maybe because he takes resources from the government so eagerly instead of using his entrepreneurial 'spirit' (it's easy - you only need to kickback 10% of the contract to the person deciding about it)...
While he can execute brilliantly an idea such as internet payment solutions...
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