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Success of Space X is thanks to the faith that m&ds in Elon

Is that why Tesla's are given Privilege of being sold at zero duties in Jiu hu? Without local assembly.
The Chinese had to assemble locally to get same treatment. Till end of 2027.then a 30% duty will. Be imposed.
And starlink are being used extensively in rural areas.
 
Among various investments, SpaceX carries the highest risk because aerospace technology operates on a binary "all-or-nothing" principle. Unlike a Tesla, which can be towed to a workshop for repairs if it breaks down on the road, a rocket or spacecraft is more like an airplane; if a critical failure occurs mid-flight, the result is often a total loss. This "1 or 0" nature of space travel makes its risk profile far more extreme than that of traditional automotive ventures.
Remember the recent incident where the Blue Origin New Glenn launchpad was destroyed by a rocket explosion?
 
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Is that why Tesla's are given Privilege of being sold at zero duties in Jiu hu? Without local assembly.
The Chinese had to assemble locally to get same treatment. Till end of 2027.then a 30% duty will. Be imposed.
And starlink are being used extensively in rural areas.
I am sure elon paid his duties. May be their ministars all so sold a few condos or landed at a huge profit. :x3:
 
Among various investments, SpaceX carries the highest risk because aerospace technology operates on a binary "all-or-nothing" principle. Unlike a Tesla, which can be towed to a workshop for repairs if it breaks down on the road, a rocket or spacecraft is more like an airplane; if a critical failure occurs mid-flight, the result is often a total loss. This "1 or 0" nature of space travel makes its risk profile far more extreme than that of traditional automotive ventures.
Remember the recent incident where the Blue Origin New Glenn launchpad was destroyed by a rocket explosion?

Space launches are routinely covered by insurance. Premiums are high but they are factored into the business overheads.
 
Space launches are routinely covered by insurance. Premiums are high but they are factored into the business overheads.
Let’s see if insurance companies will still be willing to cover SpaceX after a few more explosions. SpaceX is not as mature as the Chinese
 
Let’s see if insurance companies will still be willing to cover SpaceX after a few more explosions. SpaceX is not as mature as the Chinese

You don't know how dumb you sound. SpaceX now launches more rockets than the rest of the world combined! You are confusing Starship vs SpaceX commercial operations. Starship launches are pretty much designed to fail as parameters are being pushed to the limit in order to determine safety margins for future commercial flights. It's an iterative process and more explosions are to be expected over the next few years as the technology evolves.

SpaceX is so cash rich and it's rocket tech is so reliable it does not even need to insure it's launches anymore. It can afford to lose a rocket here and there it's just a minor hiccup.
 
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SpaceX does not have to buy insurance to cover loss of their own rockets.

reddit.com

Key Points:No regulatory requirement: The FAA requires commercial launch operators (like SpaceX) to demonstrate financial responsibility for third-party liability (damage to people/property on the ground or uninvolved parties) and limited government property damage via the Maximum Probable Loss (MPL) analysis. This is typically met with liability insurance (often through their captive insurer, Final Frontier Insurance). There is no mandate to insure the launch vehicle (Falcon 9, Starship, etc.) or their own assets.

faa.gov

Self-insured for their hardware: SpaceX absorbs the cost of any lost or damaged rockets themselves. This has been the case for years, especially as their launch cadence increased and costs per vehicle dropped due to reusability and manufacturing scale. They treat rocket losses as a normal business expense.

orbitalradar.com

Customer payloads: These are usually insured separately by the payload owners/customers, not SpaceX. Starlink satellites are also largely self-insured by SpaceX.

orbitalradar.com

In the past (e.g., early Falcon 9 failures), SpaceX occasionally had some coverage or partners helped, but they have long operated primarily as self-insured for vehicle losses due to their high flight rate and improving reliability. This approach gives them a cost advantage over competitors who might rely more on traditional insurance markets.
 
At IPO, musk became trillionaire.
4 days later, he doubled his wealth.

The first trillion is always the most difficult.
 
"SpaceX has now launched more cumulative payloads than the rest of the entire world combinedLaunch log through June 12, 2026:- SpaceX: 15,262- Rest of world: 15,138That is insane when you actually look at the chartThe rest of the world had a 61-year head start"

I would imagine most of these launches are for starlink.
 
Is pointless talking dragon and phoenix , a very good gauges or judges who lands the MOON FIRST
 
As of June 23, 2026, SpaceX shares (NASDAQ: SPCX) have plunged approximately 33.7% from their all-time high. The stock has continued its downward trajectory in trading today to $149.49.
The company dont have any new project, doing PPT slide and cold storage somewhere in the cloud
 
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