Let’s not make billions into a footnote?
Let’s not make billions into a footnote?
Is 5% a footnote, maybe.
Simple as.
To explore this (hopefully parody) alt history, I don't know why the us gov wouldn't waited 70 some years for spacex to reach this point to grant that monopoly versus handing it off to the usual collection of defense contractors, eg raytheon (or whatever they're called now), Rand, etc.
Space is not, and cannot be, a frontier when it costs thousands of dollars to get a bottle of water into orbit. That suddenly changes when costs reach a sufficiently low threshold, and SpaceX is not only leading the race there but really the only significant player. Even China, with their vast resources, won't be able to compete unless they can reach near to technical parity with SpaceX. And, for now at least, they don't seem especially close and are, by far, the closest competitor SpaceX has, bro.
It could nonetheless be worth trillions by the end of the day.
Twitter has about $13B of debt, and about $1.5B of annual interest payments (that’s how much cash it actually needs to come up with this year). SpaceX has a planned IPO market cap of $2T and plans to raise $75B cash during the IPO.