Comments by "" (@obsidianjane4413) on "SpaceX: A Grift Of Planetary Proportions" video.

@AvocadoAfficionado Lemme cutnpaste this for you: Developing the technology and infrastructure that enables human travel to Mars, opens the entire solar system and its resources to whomever controls it.
10
Wallstreet values SpaceX at $180B because you can't calculate ROE on ∞. Developing the technology and infrastructure that enables human travel to Mars, opens the entire solar system and its resources to whomever controls it. The analogy here is the European Colonial Era (without any native people). The first investors in the exploration(exploitation), be they royal or corporate charters, created incredible returns and shaped the world we know today. I'm not a fan of Musk, nor a space cadet, but the skeptical sentiment here reminds of when SpaceX started. But they have already revolutionized orbital launch.
10
@plokijplokij97 'Cause there's gold (or oil if you're 'Merican) on the Moon.
4
@saltycremepuff Lifting things out of the gravity of Earth is and likely will always be very expensive. But its relatively cheap to bring them back down. That alone makes resources in space "cheaper" than those on Earth. Robotics and automation make working in space practical. The idea is that people will not always live only on Earth. At some point we will go "out there". Being able to get there is the first expensive step.
3
@chrisdonish lol.
2
@gadget00 Don't hurt yourself trying to think.
1
@chrisdonish Something about having to pay for fighting two world wars perhaps? Much like colonialism enabled industrialization, the resources from them fueled it and the generational wealth and technological advantage Europe gained over the world. European powers gave up their colonies not because they weren't profitable, but because they had to, WWII had bled them white and other people had gained enough population and power to push them out (ie Vietnam). Also both super powers in the Cold War were anti-(others) colonial.
1
Apple was a public company and a conventional business. The SpaceX is not because its risk and time horizons are beyond what regular investors could tolerate. His investors know what they are getting into.
1