Post-Falcon Feedback

In Space, Everyone Can Hear You Cheer, Motley Fool

"It's a big dream, but SpaceX founder Elon Musk has never been one to shy away from a challenge. In the market for moving dollars from Point A to Point B, he built PayPal into a viable contender to Western Union before he sold off the company to eBay for a small fortune. He's taken said fortune and used it to found both SpaceX and electric car maker Tesla Motors."

SpaceX profitable despite CEO's cash problems -- but is an IPO needed?, VentureBeat

"But now SpaceX has responded to this question: Board member Luke Nosek of Founders Fund, a major investor in the company, told PEHub that SpaceX has been profitable for the last several years, and that it will be again in 2010, with or without federal funding. The company successfully sent its Falcon 9 rocket 155 miles up into orbit last week, and has more than 24 orders (totaling $2.5 billion in revenue) to deliver satellites into space over the next five years. The plan is to reinvest this cash in the company."

Columbia Accident Investigator Speaks Out Against NASA Commercial Crew Plan, Space News

"Fellow CAIB member John Logsdon, now professor emeritus at the George Washington University's Space Policy Institute here, said Tetrault is repeating the mantra of many commercial crew opponents by singling out "new entrepreneurial" and ignoring the fact that large, well-established companies including Boeing and United Launch Alliance are poised to compete for the $6 billion NASA intends to spend over the next five years on the commercial crew initiative."

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This page contains a single entry by Keith Cowing published on June 9, 2010 3:12 PM.

OMB: What Are NASA's Lowest Impacting Activities? was the previous entry in this blog.

KSC Job Losses Addressed at White House - But Not JSC or MSFC is the next entry in this blog.

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