SpaceX has raised the same amount of money as Pinterest… Just think about thathttps://twitter.com/ArtemR/status/960981065161519104 …
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Web Retweeted Artem Russakovskii
SpaceX has raised the same amount of money as Pinterest… Just think about thathttps://twitter.com/ArtemR/status/960981065161519104 …
Web added,
Googled the news, I thought for a sec someone gave 150M for 10% of Pinterest, oh well. Then I realized it's for 1% :D
Amusingly, if space transport/rockets are commoditized, Pinterest may still be a better investment!
Do you expect an airline sort of situation in 2050, but in space?
I'm not really in the business of expecting things like that, but it prima facie seems somewhat reasonable. Space transportation is a point of national pride, just like airlines. Competition will drive down profits. Airlines only profitable today because of industry consolidation
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