News for hackers. Stuff that matters.

A comment on SpaceX Is Raising $500M at a $30.5B Valuation. Parent comment

Re:SpaceX Is Raising $500M at a $30.5B Valuation by phkahler on Tuesday December 18, 2018 @12:50PM (#18708696)
What if electron is already near its final form? That would put them near parity with Falcon 9 in terms of development, but without the proven track record yet. Just saying the goals are different and progress toward them has to be measured based on those goals.

Cessna doesn't compete with Boeing, and it's not clear Electron and SpaceX are playing the same game either.

[ Parent | on HN ]
Re:SpaceX Is Raising $500M at a $30.5B Valuation by Retric on Tuesday December 18, 2018 @01:28PM (#18709111)
In that case they are not competitors. Either they are 9+ years behind or they are not even in the same race.

That’s not a bad thing. Boeing for example is also a profitable aerospace company, but they don’t launch to GEO. You basicly pay a near constant rate per lb to orbit and most of the money is from the large side of thing.

[ Parent | on HN ]
Re:SpaceX Is Raising $500M at a $30.5B Valuation by moftz on Wednesday December 19, 2018 @09:26AM (#18715763)
Well they do kinda launch to geo in their partnership with LM in ULA.
[ Parent | on HN ]