The reason no one else has lower launch costs is because no one else has a guaranteed customer willing to waste money on pointless rocket launches. SpaceX’s technology isn’t even particularly novel. If space nerds want Star Trek to actually come true, an actually novel propulsion system is needed, not just scaled up versions of the same thing that’s been done since 1957.
I am absolutely certain Musk has committed securities fraud, repeatedly. I hope that one day the US government returns to normal operations and he gets the Elizabeth Holmes treatment he deserves.
And this has nothing to do with DOGE and woke politics. That’s the one thing where I thought he was on the right side of things, more or less. The problem is straight-up low-interest-rate-enabled financial crime.