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We Should Immediately Nationalize SpaceX and Starlink
(jacobin.com)
This is a most excellent place for technology news and articles.
Government agency starts multiple, multi-year, billion dollar projects, delays ensue, costs overrun, results are unimpressive. It has to rely on private contractors or other countries for the most basic things, spends $211 billion for a space shuttle program that goes nowhere and ends up costing $0.5 billion per launch.
Private company goes from nothing to a successful rocket launch in 10 years for less than $1 billion, half of which is private funding. In the next 10 years makes rockets reusable, lowers the cost to orbit by 30x, launches a viable commercial service people are willing to pay for.
Communists on lemmy: