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
15 Wealth Killing Mistakes Parents Make
Why hello there my friend. Now, I hate to break this to you, but many of you are in a toxic relationship with money. If you’re not careful, you’re going to pass on that toxicity to your children. Your actions are teaching them how to behave with money, an…
What It's Like to Be a Drone Pilot | The Story of Us
MORGAN FREEMAN: I was a little kid during World War II. And following the end of the war, of course, glory and bravery and patriotism instilled in me. And where do I go? Air Force. How’d you feel going in? So when I joined the military, I really did it to…
Passing Along My Investment and Economic Principles
I think you might know that at my stage in life, uh, my main objective is to pass along what I have that’s valuable to others. That includes, most importantly, I think, the skills and the principles that, uh, helped me be successful in the areas that I ha…
Pangolins: The Most Trafficked Mammal You've Never Heard Of | National Geographic
[Music] The world’s most trafficked mammal is one you may have never even heard of: the pangolin. Despite its lizard-like appearance, the pangolin is indeed a mammal. Some pangolins are as small as a house cat, while others are as big as a medium-sized do…
Supplemental insurance | Insurance | Financial literacy | Khan Academy
So let’s talk a little bit about supplemental insurance. Now, it is what the words describe it as; it is a supplement to usually some other existing insurance. It’s insurance above and beyond things that you might already have. So there’s a lot of exampl…
Khan Academy "Hamilton" song
How does a website platform educational and non-profit shot in a cramped damp shoebox of a closet as an office built by a Bengali trooper? This product turned out to be the schoolhouse of the future. The not recruit hedge fund suitor without a suit got a …