He’s picked up a new dumb idea with Ai in space. It makes me think spaceflight isn’t as profitable as we’ve been lead to believe if you have to keep moving goalposts and coming up with bullshit grift.
SpaceX’ largest client is Starlink, but they have a pretty hard cap on the replacement rate of the satellites, meaning that in a year or two, every launch will go to replacing lost sats. Add the problem that adding more satellites doesn’t increase their service all that much, thanks to the annoying fact that humans tend not to live in the ocean.
That means a hard limit on growth, which is absolutely terrible for a tech company in this market.
He’s picked up a new dumb idea with Ai in space. It makes me think spaceflight isn’t as profitable as we’ve been lead to believe if you have to keep moving goalposts and coming up with bullshit grift.
SpaceX’ largest client is Starlink, but they have a pretty hard cap on the replacement rate of the satellites, meaning that in a year or two, every launch will go to replacing lost sats. Add the problem that adding more satellites doesn’t increase their service all that much, thanks to the annoying fact that humans tend not to live in the ocean.
That means a hard limit on growth, which is absolutely terrible for a tech company in this market.