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
What’s Worth More: $100 SAVED or $200 EARNED?
What’s up you guys? It’s Graham here. So, here’s an interesting question for you to think of: What’s worth more money, the hundred dollars that you save or the hundred dollars that you earn? If you had the option to pick one or the other, which one will …
In the Same Boat | Port Protection
Yeah, let’s put the bow right up against her. Port protection main state Timothy Curly leech and newest resident Amanda Ma are getting Curly’s vessel, the little Pelican, ready to go hbit fishing. “My boat is one of the most important things that I own. …
10 ways to stop ruining your life
In my last video, I went over 10 ways to quickly ruin your life, and it is by far the most depressing video I have ever made in my life. A lot of you who watched that video said, “Wow, I don’t actually need a tutorial for this. I see myself in every singl…
Cancer 101 | National Geographic
[Narrator] Today cancer causes one in every seven deaths worldwide. But how does cancer start, and what is being done to combat it? Our bodies contain trillions of highly specialized cells, and each carries genes responsible for regulating cell growth and…
Warren Buffett: How to Invest in an Overvalued Market
Some people are not actually emotionally or psychologically fit to own stocks, but I think there are more of them that would be if you get educated on what you’re really buying, which is part of a business. There is Mr. Warren Buffett, the world’s best in…
It’s Over: China’s Economy Is Finally Collapsing
China’s economy is in trouble, and fears the country is quote “a ticking Time Bomb.” The debt super cycle that came from the U.S. and Europe after the 2008 financial crisis could be knocking on China’s door. They said that it is over. “What’s up, Graham?…