Government intervention. Not good. Much better would be letting free markets to allocate more resources to figure out how to get people clicking more ads and development of cryptocurrencies.
(This was sarcasm.)
While I generally agree, the free market did give us the likes of Tesla and SpaceX. The optimal strategy is to allow both.
The amount of government subsidies to both those companies has been staggering. Neither of those are free market stories.
And it took nearly 50 years before a company dared to get into that market.
Has the government "subsidized" SpaceX? AFAIK the government has been a consistent customer of SpaceX and they've leased facilities from NASA but it seems that overall they aren't being subsidized but rather patronized.
You are aware than the government pays SpaceX more than market price right? The difference is itemized as "additional checks", but it's subsidies in anything but name.