News for hackers. Stuff that matters.
Re:ESA’s new Ariane 6 rocket passed a major full-scale rehea... by cratermoon on Thursday November 23, 2023 @08:04PM (#38399677)
For all we know, SpaceX could be taking a page of out Amazon's book and undercutting competitors while losing money and sustaining it long enough to monopolize the market. Then they raise prices.
Re:ESA’s new Ariane 6 rocket passed a major full-scale rehea... by pixl97 on Thursday November 23, 2023 @08:11PM (#38399717)
Almost all of spaceXs launches are to launch their own sats. Simply put if their costs were as high as other providers they couldn't afford to do it. Other providers costs are out of control.
Re:ESA’s new Ariane 6 rocket passed a major full-scale rehea... by BurningFrog on Friday November 24, 2023 @01:54AM (#38401258)
That story had been told forever. First time over heard it about Amazon.
Re:ESA’s new Ariane 6 rocket passed a major full-scale rehea... by cratermoon on Friday November 24, 2023 @05:10PM (#38408944)
Amazon lost money for nine years after its founding. <https://www.computerworld.com/article/2575106/amazon-records...>

And it undercut its sellers <https://www.npr.org/2023/10/11/1204264632/amazon-sellers-pri...>

Re:ESA’s new Ariane 6 rocket passed a major full-scale rehea... by inemesitaffia on Friday November 24, 2023 @10:03AM (#38404670)
The money has to come from somewhere. Where's this place?
Re:ESA’s new Ariane 6 rocket passed a major full-scale rehea... by cratermoon on Friday November 24, 2023 @05:06PM (#38408910)
Intesa Sanpaolo banking and Saudi Arabia, among others. $9.8B in funding over 31 rounds, and 84 different investors.
Re:ESA’s new Ariane 6 rocket passed a major full-scale rehea... by inemesitaffia on Saturday November 25, 2023 @10:46AM (#38414207)
They didn't invest until recently and 9.8 billion isn't enough to cover what SpaceX has done and still cover selling launches at a loss