alt Hacker NewsWill he get bailed out by the Feds again though? SpaceX launch 3 failure was bailed out by the DOD. Tesla was bailed out by Obama.
Possibly. I don’t know if being bailed out is a sign of business acumen. Maybe political acumen? In any case bailing out present day Tesla or SpaceX will be very expensive, unclear of taxpayers will go for it.
Which is presumably why Elon is aiming for retail as the bail-outers
SpaceX is emphatically not in need of a bailout. I don't know the history of launch 3, so I can't opine, but saying Tesla was bailed out by Obama is reductive in the extreme. Elon is the single largest taxpayer in US history.
It's not a bail-out Elon wants, nor is it 'safety' for SX. He wants capital to go build out space as fast as possible; he needs retail capital to do it.