this post was submitted on 17 Dec 2023
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Five People Founded Tesla, But Only Elon Musk Became Extremely Rich (open.substack.com)
submitted 11 months ago by 4realz to c/technology
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[–] [email protected] 3 points 11 months ago (1 children)

The problem is you say this with certainty but have no numbers or evidence to back it up. How do you know the revenue from subscribers can't cover rocket launches?

[–] echo64 1 points 11 months ago (1 children)

It got almost a billion dollars in subsidies from America last year. This is whilst being unprofitable.

[–] [email protected] 1 points 11 months ago (1 children)

It seems Starlink A) isn't getting subsidies and SpaceX is B) providing services in exchange for payment rather than just getting free money.

On top of this, SpaceX is reportedly still profitable. I just don't understand your argument here. No sources, no actual hard data just conjecture.

[–] [email protected] 5 points 11 months ago (1 children)

Starlink was definitely on track to receive significant subsidy, the FCC recently rescinded.

https://www.reuters.com/technology/space/us-agency-will-not-reinstate-900-mln-subsidy-spacex-starlink-unit-2023-12-13/

[–] [email protected] 1 points 11 months ago (2 children)

Alright, this doesn't support your argument. That is a counter example that SpaceX ISN'T receiving subsidies. Anything else? I do appreciate the discourse though

[–] thallamabond 2 points 11 months ago

Musk's companies had received an estimated $4.9 billion in government support by 2015, and they've gotten more since.

https://www.businessinsider.com/elon-musk-list-government-subsidies-tesla-billions-spacex-solarcity-2021-12?op=1#spacex-lands-a-289-billion-contract-with-nasa-in-april-2021-1

[–] [email protected] 2 points 11 months ago (1 children)

I didn't make an argument, I just provided primary source facts.

[–] [email protected] 1 points 11 months ago

fair, my apologies, thought you were the original commentator