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this post was submitted on 28 Feb 2025
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politics
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SpaceX isn't profitable?
I think the answer is that no one knows because it’s not a publicly traded company. But I would bet on no, it isn’t profitable, nor will it be for the next 100 years. It is however the good part of Elon’s legacy, and if he stayed out of politics he would have been remembered as one of the greatest men in history for the leapfrog in space exploration that he ignited.
You really do have to die a hero or you live long enough to become the villain.
Elon's legacy now is that he's the foreign Nazi who finally took control of the United States government.
Too bad spacex is getting a lot bad press from dumping illegally, and ignoring safety regulations
We don't know, it's a private company and doesn't have to publish. I could see it being profitable because it gets money from the government, but based on how Musk runs his companies I could also see it being a dumpster fire behind the scenes.
I didn't know how true anything is these days, but from what I've read he's mostly hands off at SpaceX.
There was an anonymous statement by an employee that SpaceX basically has a small department whose entire purpose was to keep Musk distracted from anything important whenever he would get involved with "running" the company. Pretty sure the article I read that in said that they confirmed the employee's identity and it would explain a lot about their surprisingly successful work.
Yes I've seen the same information but didn't remember the details. I think you're spot on.
Upper management basically keeps him distracted with shiny toys so he doesn't interfere with the "class" like a toddler