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 Ways to Create GENERATIONAL WEALTH
By the time 65 rolls around, only one in 100 people will be well off financially. 70% of wealthy families lose their wealth by the second generation and more so around 90% of families lose all wealth by the third generation. So, even if you make a fortune…
6 Quick Mood Enhancers
A bad mood often goes together with ruminating about the past or worrying about the future. In many cases, a mental problem has a physical solution. In other cases, the solution lies in changing the way you think. In this video, I’ll show you six quick mo…
How To Use The 2023 Recession To Get Rich
What’s up guys? It’s Grammy here! So, this is potentially going to be a once-in-a-generation opportunity to build wealth. Because now, it could be one of the easiest times to increase your net worth dramatically if you know what you’re doing. After all, t…
Godzilla Army Arrives at my door
Ter, I got here. It’s here after months of waiting. Yeah, look, it’s a pile of Godzilla. Godzilla parts. Yellow Godzilla, stand him up. What the heck? He has a mohawk! That’s not Godzilla! I’m glad we only bought one of him. It’s Godzilla without a head …
Generalizabilty of survey results example | AP Statistics | Khan Academy
Niketi took a random sample of 10 countries to study fertility rate and life expectancy. She noticed a strong negative linear relationship between those variables in the sample data. Here is computer output from a least squares regression analysis for usi…
How Coca Leaves Become Cocaine | Trafficked with Mariana van Zeller
[music playing] [speaking spanish] I’m not going to lie, it’s always a rush getting access to these clandestine worlds. The cocaine pit, the starting point for such a storied black market trade, ranks up there. But as the reporter high wears off, I realiz…