Elon Musk attacks rocket rival as 'a complete waste of taxpayer money' - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 67 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Elon Musk seems furious that SpaceX has to split Space Force contracts worth billions with his nemesis, ULA

Musk, who apparently read the newsletter, replied to Fernholz's tweet by blasting SpaceX's co-awardee, ULA.

"Efficiently reusable rockets are all that matter for making life multiplanetary & 'space power,'" Musk . "Because their rockets are not reusable, it will become obvious over time that ULA is a complete waste of taxpayer money."However, Bruno — the company's CEO — publicly weighed in on the matter a couple of hours after Musk's criticisms. when a user asked how he'd respond to the SpaceX CEO.Musk founded SpaceX in 2002, and well-funded and established rocket-industry players like Boeing and Lockheed Martin more or less shrugged.

But while SpaceX's top engineers toiled to build the company's first rocket system, called Falcon 1, Musk used what tools he could to fight a powerful traditional grip on the industry.Boeing and Lockheed had won a previous iteration of NSSL, called the Evolved Expendable Launch Vehicle program, and it anointed them as the sole two companies certified to launch military satellites. In part to endSpaceXby alleging anticompetitive behavior.

Musk's company pushed forward, though, simultaneously developing a new Falcon 9 rocket to launch commercial and NASA payloads, and a Grasshopper test vehicle. Grasshopper led to self-landing booster technology that was later incorporated into Falcon 9 rockets, which

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Santa Barbara County, Prince Harry and Meghan Markle's new home - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Why do we need to talk about it? They are cute they are loved It here in covid it’s harsh just relax be happy enjoy things cuz life is going to get harder
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Sunrun strategy to provide clean power from customer batteries - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider Subscription - Sign up TodayAs a BI subscriber, we’ll take you inside the companies you care about, industry analysis on new trends, and important interviews and info you can’t afford to miss. Subscribe now for up to 50% off your annual subscription
Source: BusinessInsider - 🏆 729. / 51 Read more »

TikTok rival Triller gets Sway influencers to live in content houses - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Walmart-Instacart partnership rivals Amazon with same-day delivery pilot - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »