"Our widgets are profitable, but all of the R&D, sales people, back-office people, etc. etc. required to actually run a business makes us unprofitable"
So ummm who's gonna pay all of those people to make sure the robots and people make the widgets every day?
SpaceX has the vast majority of the worldwide private launch market. It's the only company with a reusable first-stage booster. The cost-per-KG is 10-20% of the competition.
This isn't me speculating wildly, everyone with even passing familiarity with the industry knows this.
> This isn't me speculating wildly, everyone with even passing familiarity with the industry knows this.
I never questioned their market dominance, I questioned their overall company profitability. The cost of building a rocket can be easily fudged to create whatever financial picture you want. Not to mention Elon Musk is notorious for doing this. Unless you have access to their financial statements, all of this conjecture.
> The cost-per-KG is 10-20% of the competition.
Uhh might wanna check your source, from Wikipedia: "These varying cost and requirements makes market analysis imprecise."...