Re:SpaceX's Valuation Climbs to $25B with New Funding Round
by lifeformed on Thursday April 12, 2018 @11:05PM
(#16826867)
IIRC Musk said that Tesla was supposed to be the cash crop that eventually funds SpaceX.
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Re:SpaceX's Valuation Climbs to $25B with New Funding Round
by otalp on Thursday April 12, 2018 @11:21PM
(#16826917)
It's far more likely to be the opposite, at least for the next 4-5 years.
Re:SpaceX's Valuation Climbs to $25B with New Funding Round
by agildehaus on Thursday April 12, 2018 @11:25PM
(#16826931)
Can you point to the source? I've been a SpaceX fan for a long time and never heard him say that.
Starlink, SpaceX's satellite constellation, is the cash crop.
Re:SpaceX's Valuation Climbs to $25B with New Funding Round
by shasheene on Friday April 13, 2018 @06:50AM
(#16828727)
> Can you point to the source? I've been a SpaceX fan for a long time and never heard him say that.
Source is from the 2016 International Astronautical Congress talk in Mexico [1]:
> And I should say also that the main reason I'm personally accumulating assets is in order to fund this. So I really don't have any other motivation for personally accumulating assets, except to be able to make the biggest contribution I can to making life multiplanetary
[1] http://shitelonsays.com/transcript/making-humans-a-multiplan...
Re:SpaceX's Valuation Climbs to $25B with New Funding Round
by marvin on Friday April 13, 2018 @02:19AM
(#16827505)
Don’t remember the source, but I’ve heard Musk say this between the lines in an interview. I.e. something along the lines of «you need a lot of money to get humanity to Mars» on questions of Tesla’s long-term profitability.