this post was submitted on 10 Dec 2023
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SpaceflightMemes

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It is rather incredible how dominant Falcon 9 is in the current launch market.

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[โ€“] [email protected] 4 points 11 months ago (1 children)

The problem with "investing" is that the investors eventually want as much return as they can get.

It would be foolish to assume venture capitalists will not try to exploit a market monopoly.

[โ€“] [email protected] 3 points 11 months ago

Oh, I meant the company investing upfront in capabilities, not individual investors. My understanding is that SpaceX mainly sells non-voting shares, so they should be less susceptible to normal investor BS.

As far as using/abusing their position goes, I think there's some evidence of regulatory capture. Requirements are appearing for automated flight termination systems, low satellite reflectivity, and satellite deorbit. Those are all good, but SpaceX exacerbated the issues, and now these rules add cost and complexity for their competitors.