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Showing posts with the label Starlink

The Total Failure Of The Ford F_150 Lightning

     Dumb people thought that when Elon Musk said that he wanted to go to Mars and then bought an electric car company that electric cars were the future for Earth. Not at all. Electric cars were a stepping stone for him to get to Mars, and he needs them when he gets there. Did he make billions of dollars to invest in SpaceX by selling electric cars? No. He went public and for no really good reason his stock went to $1,000, split twice, and it still is worth somewhere around $250 for each stock, while stocks from companies like Ford, GM, and Chrysler are only worth $10 to $40, and they actually have a business model that is built around selling cars.      SpaceX is far more profitable as a company then Tesla ever was, because until 2023 Tesla didn't actually sell that many cars, while SpaceX dominates space launches because of their reusable booster rockets. SpaceX is so dominant in commercializing space launches that by December of 2023 they made the joint...

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 in...