this post was submitted on 25 Jun 2025
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The current regime is full of ignorant buffoons but at least in that case it would normally be temporary.
In the private model where the gov pays for everything anyway, the taxpayer pays the cost of doing the thing plus whatever profit the oligarch wants to make and you have no way of switching to another oligarch should the current one becomes unacceptable. There is simply no upside to SpaceX as a private entity