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qlte • today at 12:21 AM • 1 reply • view on HN

A more accurate analogy would be giving contracts to Exxon back before they had ever found or drilled a single oil well, as their primary source of revenue to subsidize their R&D and learning curve, in the hope that they would eventually be able to supply the government with needed oil, and ultimately succeeded to become a key supplier.


Replies

somenameforme • today at 2:34 AM

They only gave the contract once Falcon had already gotten into orbit.