On Sun, Apr 8, 2018 at 3:56 PM, Perry E. Metzger <perry@xxxxxxxxxxxx> wrote:
And it does look like at least some of the bets on space will pay off.
SpaceX has been invested in by Founders Fund, Google, Draper Fisher
Jurvetson, Capricorn, and others. It isn't certain that they'll make
their money back, but unlike ten years ago when some of the money
went in, I think there's a pretty high probability at this point that
they're going to have pretty high return, at least if SpaceX can
avoid losing too much money on BFR development.
If they just run the Falcon 9 launch business at 20 or 30 launches a
year, they're probably doing reasonably well as a going concern, and
if they can grow the business at a reasonable pace, they'll be doing
nicely.