this post was submitted on 07 Jun 2025
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[–] qwerty@discuss.tchncs.de 1 points 1 day ago* (last edited 1 day ago)

Government agency starts multiple, multi-year, billion dollar projects, delays ensue, costs overrun, results are unimpressive. It has to rely on private contractors or other countries for the most basic things, spends $211 billion for a space shuttle program that goes nowhere and ends up costing $0.5 billion per launch.

Private company goes from nothing to a successful rocket launch in 10 years for less than $1 billion, half of which is private funding. In the next 10 years makes rockets reusable, lowers the cost to orbit by 30x, launches a viable commercial service people are willing to pay for.

Communists on lemmy:

Capitalists on Lemmy: private company is better just because it's private