yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Why would NASA outsource missions to SpaceX? | Peter Ward


2m read
·Nov 3, 2024

One of the greatest criticisms leveled at NASA is that they don’t take enough risk, and that’s for good reason. You’ve seen that they have had tragedies in their past. They had the Challenger disaster. They’ve had two tragedies in the shuttle program alone. And we saw whole crews die in those.

And that makes you nervous. That’s bad for PR. That’s bad for a government. That’s bad for a president. If you see these national heroes who are supposed to be going into space to further the species and get glory for the country, and they don’t come back, that aside from being a terrible, terrible thing is also extremely bad PR, and it did affect NASA a lot.

And what we’ve seen now is NASA has shifted some of that risk. NASA’s role has changed. Back then they would be a contractor, and they would tell companies to build them a specific part of a rocket. But they would do the whole mission themselves.

Now we see NASA is more of a client, so it’s shifted the responsibility and the risk to SpaceX. SpaceX is basically selling NASA a ride to the international space station. So if something were to go wrong—and thankfully as the years go on it’s less likely that something will go wrong—NASA doesn’t have as much of that risk.

It doesn’t have as much responsibility, I guess. It will come under fire for hiring SpaceX, but ultimately anything bad that would happen would be on SpaceX’s shoulders. So you’ve seen NASA has switched, has taken the risk and put it onto the private companies.

And the private companies are much better equipped to deal with that risk. They don’t have to elect their CEO every four years, for example. They don’t have to answer to a whole country, and they can go ahead and do things that other people couldn’t.

And you’ve seen it in America in the past, actually. You saw the railroad expansion. America used private companies to do that. It wasn’t the government. They gave them huge amounts of land and said go and build us a railroad system, and there are actually a lot of similarities between those two scenarios.

A lot of people see Elon Musk’s SpaceX and Jeff Bezos’s Blue Origin as the railroad companies who are being tasked with connecting us with another frontier, essentially.

More Articles

View All
How to Analyze a Balance Sheet Like a Hedge Fund Analyst
In this video, we are going to go over how to analyze a company’s balance sheet. I’m going to use my experience as an investment Analyst at a large investment firm to help you guys better understand what to look for when investing. Whether you are a new i…
Prelude to the Peloponnesian War | World History | Khan Academy
In the last few videos, we talked about the Greco-Persian Wars, or we could say the Persian invasion of Greece. In the first wave, the first Persian invasion, the Athenians were able to stop them at Marathon. Then, in the second Persian invasion, led by X…
See How Ancient Past and Present Meet in This Coastal Town | National Geographic
(soft music) [Gabriel] This is Huanchaco. This is my hometown. Huanchaco is a small fishing village that is north of the city of Trujillo, and it’s a very rich place in archaeological sites. There has been a continuous occupation in this area for more th…
Ian Somerhalder Goes on a Sub Adventure | Years of Living Dangerously
[Music] I’m aboard this amazing research and filming ship called the Aluia. It’s equipped with two deep diving submersibles. There’s one behind me, the Triton, and behind that is the Deep Rover, a two-man submarine. Both subs are rated for 1000 meters. We…
7 Highly Effective Habits of Making Money
What’s up guys, it’s Graham here. So the title of the video might seem a little bit familiar because it’s inspired by the book The 7 Habits of Highly Effective People. Which, by the way, if you haven’t read that book, go and read that book now! Spoiler a…
Dividing polynomials by x (no remainders) | Algebra 2 | Khan Academy
What I’d like to do in this video is try to figure out what ( x ) to the fourth minus ( 2x ) to the third plus ( 5x ) divided by ( x ) is equal to. So pause this video and see if you can have a go at that before we work through this together. All right, …