Man, you're back. This must really be annoying you to keep digging up the thread eh? I thought you rage quit the forum?
I think it's absolutely ADORABLE when people go after Musk as if he's some sort of con man. The man invented the first online newspaper, he invented paypal, the first liquid fueled rocket into orbit, the first private company to launch, orbit and recover a spacecraft, the first private company that docked at the ISS, the first powered landing of an orbital class booster, the first reflight of an orbital class booster, and on track to be the first private company to take astronauts to the ISS. But hey - you keep telling everyone how the self made billionaire who changed the internet as we know it, and is redefining the possibilities in the aerospace industry is just a hack and swindling everybody! I'm sure they'll all listen.
Tesla Loan: $465 million - paid back in full, with interest 10 years ahead of schedule - Tax payers made a gain
Chrysler Loan: $12.5 billion (with b!) - paid back 6 years ahead of schedule, but only $11.2 bn. Cost tax payers approx $1.3bn
GM Loan: $51 billion (still with a b!) - paid back on time, but only $39.7 billion. Cost tax payers $11.3 bn
Even if your article is true, it claims that SolarCity was given $750m of tax payers money, which means it still cost the tax payers 16 times less than GM and Chrysler did. Isn't maths fun?
So lets get rid of subsidises completely. I agree. GM and Chrysler wouldn't even be here any more. Ford actually got a bailout when it didn't need one, as it claimed it was unfair for GM and Chrysler to get one and Ford wouldn't be able to compete!
https://electrek.co/2016/11/25/tesla-subsidies-big-three-oil-industry/
https://www.thebalance.com/g00/auto-industry-bailout-gm-ford-chrysler-3305670?i10c.referrer=https://www.google.co.uk/
http://www.goodjobsfirst.org/subsidy-tracker
SpaceX has of course received government support - as has Boeing. These 2 companies receive government support because they are developing systems to deliver crew to the ISS. The US currently has to pay a huge amount of money to the Russian government to ferry US astronauts to the ISS as the US has no way of getting astronauts into space right now. Doesn't that make you feel all patriotic? The bald eagle of freedom has to rely on the russian communist for a space taxi. 'Murica.
The cost of a ticket on a Russian Soyuz is $70m per head. It's estimated that NASA has paid approx $3bn (with a b!) to Russia just for this. By supporting Boeing and SpaceX, the US will end its reliance on the Russians and be able to launch its own astronauts from US soil. The cost of a Falcon 9 launch is approximately $60m (depending on the payload and chance of recovering the booster). This is significantly cheaper than EVERY launch provider. The Dragon 2 has the capability of holding 7 crew, which would cost a cool $490m to send up on the Soyuz. SpaceX will do the same launch for $60m. That means the US government (and therefore tax payers) can save around $430m per crew rotation! And that's before the massive saving on cargo resupplies is factored into account. Isn't maths fun?
The US Air Force contracted SpaceX to put 2 classified satellites into orbit. The costs of these were $83m and $96.5m. These are higher because the huge heavy satellites use a lot of fuel, and SpaceX won't be able to recover the booster due to the weight of the payload. But despite these costs, the contracts are 40% lower than what the Air Force was going to pay United Launch Alliance to launch the rockets (so around $300m). So SpaceX saved the US Government around $130m from those launches alone. The only launch company even remotely close to SpaceX is Rocket Labs, with the impressive Electron Rocket (which is also cool cos it's black, and looks awesome). But the Electron can only lift 100th (yes, a hundredth!) of the weight of the Falcon 9, and wouldn't be able to service these heavy sats.
http://www.realclearfuture.com/arti...the_king_of_low-cost_space_launch_111957.html
So my money is on the self made billionaire who launches (and lands) his own rockets after being told he can't launch (or land) rockets. But you keep telling us how it'll all fail man, I'm sure someone is listening.
I think it's absolutely ADORABLE when people go after Musk as if he's some sort of con man. The man invented the first online newspaper, he invented paypal, the first liquid fueled rocket into orbit, the first private company to launch, orbit and recover a spacecraft, the first private company that docked at the ISS, the first powered landing of an orbital class booster, the first reflight of an orbital class booster, and on track to be the first private company to take astronauts to the ISS. But hey - you keep telling everyone how the self made billionaire who changed the internet as we know it, and is redefining the possibilities in the aerospace industry is just a hack and swindling everybody! I'm sure they'll all listen.
Tesla Loan: $465 million - paid back in full, with interest 10 years ahead of schedule - Tax payers made a gain
Chrysler Loan: $12.5 billion (with b!) - paid back 6 years ahead of schedule, but only $11.2 bn. Cost tax payers approx $1.3bn
GM Loan: $51 billion (still with a b!) - paid back on time, but only $39.7 billion. Cost tax payers $11.3 bn
Even if your article is true, it claims that SolarCity was given $750m of tax payers money, which means it still cost the tax payers 16 times less than GM and Chrysler did. Isn't maths fun?
So lets get rid of subsidises completely. I agree. GM and Chrysler wouldn't even be here any more. Ford actually got a bailout when it didn't need one, as it claimed it was unfair for GM and Chrysler to get one and Ford wouldn't be able to compete!
https://electrek.co/2016/11/25/tesla-subsidies-big-three-oil-industry/
https://www.thebalance.com/g00/auto-industry-bailout-gm-ford-chrysler-3305670?i10c.referrer=https://www.google.co.uk/
http://www.goodjobsfirst.org/subsidy-tracker
SpaceX has of course received government support - as has Boeing. These 2 companies receive government support because they are developing systems to deliver crew to the ISS. The US currently has to pay a huge amount of money to the Russian government to ferry US astronauts to the ISS as the US has no way of getting astronauts into space right now. Doesn't that make you feel all patriotic? The bald eagle of freedom has to rely on the russian communist for a space taxi. 'Murica.
The cost of a ticket on a Russian Soyuz is $70m per head. It's estimated that NASA has paid approx $3bn (with a b!) to Russia just for this. By supporting Boeing and SpaceX, the US will end its reliance on the Russians and be able to launch its own astronauts from US soil. The cost of a Falcon 9 launch is approximately $60m (depending on the payload and chance of recovering the booster). This is significantly cheaper than EVERY launch provider. The Dragon 2 has the capability of holding 7 crew, which would cost a cool $490m to send up on the Soyuz. SpaceX will do the same launch for $60m. That means the US government (and therefore tax payers) can save around $430m per crew rotation! And that's before the massive saving on cargo resupplies is factored into account. Isn't maths fun?
The US Air Force contracted SpaceX to put 2 classified satellites into orbit. The costs of these were $83m and $96.5m. These are higher because the huge heavy satellites use a lot of fuel, and SpaceX won't be able to recover the booster due to the weight of the payload. But despite these costs, the contracts are 40% lower than what the Air Force was going to pay United Launch Alliance to launch the rockets (so around $300m). So SpaceX saved the US Government around $130m from those launches alone. The only launch company even remotely close to SpaceX is Rocket Labs, with the impressive Electron Rocket (which is also cool cos it's black, and looks awesome). But the Electron can only lift 100th (yes, a hundredth!) of the weight of the Falcon 9, and wouldn't be able to service these heavy sats.
http://www.realclearfuture.com/arti...the_king_of_low-cost_space_launch_111957.html
So my money is on the self made billionaire who launches (and lands) his own rockets after being told he can't launch (or land) rockets. But you keep telling us how it'll all fail man, I'm sure someone is listening.
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