Mars and Musk's dog help dreaming
Musk builds fireworks from scratch. At first it was a black hole, and no one knew how to fire rockets, so they didn't know how much to invest.
The first rocket was presented as the Falcon 1. The rocket was developed for four years and the first Falcon was launched on March 24, 2006.
On March 24, 2006, the first rocket exploded in just 20 seconds.
The second rocket, fired on March 21, 2007, lasted nearly a year. Incomplete or incomplete entry into the orbit.
On August 3, 2008, the third rocket was launched approximately six months later than the second. In this version, the rocket crashed on its own after its withdrawal (collision of the second rocket, the first stage and the second stage).
SpaceX slipped again (3 exits, 3 failures) in the six years since its inception.
For this year also burned most of the company's funds (NASA funds).
The size of the four angel investments is estimated at $ 80 million. But building a rocket is obviously not enough.
Below is an unknown investment. This is the National Aeronautics and Space Administration (NASA). NASA awarded SpaceX $ 278 million in 2006 alone.
Yet six years later, Elon Musk's SpaceX was sufficiently funded for its final release. If you can't do it this time, the game is almost over. 2008 was also a year of financial turmoil, difficult to find and to renew.
On September 28, 2008, SpaceX's fourth launch took place and the rocket entered orbit, and this time it was finally completed. The Falcon was completed in orbit and became the first civilian-designed rocket. Thanks to this success, SpaceX happily survives.
However, the rocket can be very expensive, and research and development also requires a lot of money, in order for the business to operate, it will always be profitable.
In 2008, NASA awarded SpaceX a contract worth $ 1.6 billion (only for the transport of goods to and from the International Station).
Elon Mask also publicly announced that there would be no SpaceX without the support of NASA.
Support below.
Although SpaceX has completed hundreds of rockets, SpaceX is still the fourth private company to visit an international space station, after the United States, China and Russia. As a result, SpaceX has no concept of registration, and at this point, SpaceX still needs funding to continue its research and development and launch.
SpaceX is therefore open and you can measure the pros and cons. The Tesla incident caused a lot of division and Elon's stake dropped from 30% to 20%. This is why Elon refused to tell SpaceX.
SpaceX can only be funded through a private placement, and by February 2021, the private placement will be around $ 850 million. SpaceX is only worth $ 74 billion at the moment. Tesla is now worth more than $ 600 billion. The market value of the future car is similar to that of Space X. As long as the business goes public, its value is not determined by you, but by the market value of the car. So if SpaceX isn't on the list, that would be better for the development of SpaceX.
Going to Mars could require an investment of $ 230 billion, according to an article. So far there are still a lot of rooms.
How much can you lift?
Musk bought BTC last year, but has reportedly promoted DOGECOIN several times this year.
The best fundraiser is probably DOGECOIN. It is also possible that ELON's dream of becoming a Martian will continue in the future.
If Elon's future rested on Mars and a million people traveled to Mars, the money needed would run into billions of dollars. Then where will the money come from, probably from DOGECOIN? Are you ready to pay for the dream now? Concerned about Dogecoin?
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