Elon Musk Winner Of The Billionaire Rocketeer Space Race
When Jeff Bezos heard about Elon Musk wanting to start a rocket company, he actually started his own rocket company Blue Origin first in 2000 while Elon Musk was still making money with Tesla stock and becoming the richest man in the world, and then Musk started his rocket company SpaceX in 2002. Then in 2004 Richard Branson who owns Virgin Airlines launched Virgin Galactic and the three billionaires became known as the, “billionaire rocketeers.”
Well 23 years later now at the end of 2023 in the first week of December only one of them was successful in reaching space and turning it into a profitable business venture, and that was Elon Musk and SpaceX, that has been a successful commercial rocket launching company launching payloads as well as people to space at least to the international space station and to LEO. His Low Earth Orbit satellite array called Starlink provides free internet to places on Earth that have never had access to internet at all, and yet he turned a profit by December of 2023 by partnering with Google to provide cloud services for business enterprise, and may spin Starlink off as its own company with an IPO stock like he did with Tesla.
Also in the first week of December we find out that Jeff Bezos and Blue Origin are unable to launch their own Amazon satellites and have to hire Musk and SpaceX to do it, and that's only because the Amazon shareholders sued him and made him do it. He was playing everyone because he really thought that he could do everything independently of Musk and buy his way to space. His only hope of making it to space now is in buying a Boeing and Lockheed Martin's joint Space Rocket company that is for sale, but he is currently blocked during an investigation as to whether or not it would be an antitrust violation. It is only for sale because of declining profits down from 14% to 9% due to Elon Musk and his recoverable booster rockets that make his launches so much cheaper than everyone else. Add to that the fact that Starship is estimated to be able to deliver items to Low Earth Orbit for $10 a pound, and over time for only $5 a pound, and no one will be able to compete with that, and the second test launch of Starship a couple of weeks ago went perfectly.
We also found out in the first week of December 2023 that Boeing is canceling their plans to launch their own Low Earth Orbit 147 to 5,000 satellite V band Network. In response to the news, Musk posted: “Competing with SpaceX is tough.” Lol. And Finally, throwing in the towel is Richard Branson of Virgin Galactic who is shutting down his space aspirations. So that's it. The space race is over and the “billionaire rocketeers” are no more. If the antitrust people block Jeff Bezos from buying the joint space venture of Boeing and Lockheed Martin, then he will not be able to go to Mars next year, he will not be able to build a multi-million dollar orbital space station or “reef,” nor will be be able to go to the moon and build a multi-billion dollar moon base that he has a contract for, that is he can't get any of those places without SpaceX. He has to book more flights with Elon Musk's rockets like he did to launch the Amazon satellites, or he needs to start giving back some of that money to NASA.
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