Elon Musk could become the world's first trillionaire due to SpaceX
USA TODAYTesla posts record revenue and profits in third quarter
CNBCNear Thomas A. Edison's century anniversary of inventing the incandescent light bulb Elon Musk's future is looking bright.
Musk's SpaceX success is a victory for the conservative cause. For decades NASA pretended government rocketry was the only viable way for NASA to complete its missions. BUT !
Then the private sector got a chance. So far, very impressive. Obvious example, NASA used to drop spent lower stage rockets into the ocean.
Musk engineered the means to return them to Earth with soft landing, for re-use.
There are several obvious points of interest here:
- unequal $wealth distribution
- private sector vs public sector efficiency
- innovative genius
- contrast between sensational industrial innovations, and faltering geo-politics.
Kudos Elon