Re:SpaceX Is Now One of the World’s Most Valuable Privately ...
by gozur88 on Thursday July 27, 2017 @10:14PM
(#14871398)
Being publicly traded never necessarily meant you focus on short term. If that were actually true you'd never have seen Intel shelling out $15bn for a fab, or Westinghouse designing nuclear reactors.
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Re:SpaceX Is Now One of the World’s Most Valuable Privately ...
by InclinedPlane on Thursday July 27, 2017 @11:40PM
(#14871782)
Bad example. One of those companies went bankrupt recently.
Re:SpaceX Is Now One of the World’s Most Valuable Privately ...
by gozur88 on Friday July 28, 2017 @01:04AM
(#14872110)
I realize that, but it doesn't make it a bad example. Certainly the shareholders were taking the long view when they allowed such a massive R&D program to go forward. The fact that it didn't work out is neither here nor there.