You think that this is the playground for "Jim is right on NSF", and you want to lock down this thread and your playground from others who actually wanted to discuss a "Rational SpaceX Outlook". If you feel this way, then just hit the report to moderator button, so you can keep your playground to yourself.
I have talked to people at SpaceX about NASA CRS progress payments covering their cash flow gaps before the successful COTS 2/3 flight, and they told me that this was not in fact true. SpaceX may have received some NASA CRS progress payments, but I was told that the bulk of those CRS payments were being withheld,
The "SpaceX has no board members" statement is curious, I'm sure he will soon explain what he meant by that.
My posts are long, because I am actually trying to answer other posters questions with back-up numbers and information. It is annoying when people make short (and sometimes insulting) posts that are not backed up by facts or reality.It is clear that Jim is completely and factually wrong on some major issues
Quote from: Afrocle on 02/17/2013 06:24 amI have talked to people at SpaceX about NASA CRS progress payments covering their cash flow gaps before the successful COTS 2/3 flight, and they told me that this was not in fact true. SpaceX may have received some NASA CRS progress payments, but I was told that the bulk of those CRS payments were being withheld, You talked to the wrong people. As of May 2011 (almost two years ago), Spacex already received $181 million in CRS progress payments. The first CRS flight was itself worth 132 million.So point is wrong, CRS payments are the "gap filler" and not investors.
Quote from: Afrocle on 02/17/2013 10:21 amMy posts are long, because I am actually trying to answer other posters questions with back-up numbers and information. It is annoying when people make short (and sometimes insulting) posts that are not backed up by facts or reality.It is clear that Jim is completely and factually wrong on some major issues Actually, look in the mirror. It has been you.This is the one of the most egregious. "Musk is not reporting the private loans that he and others have made to SpaceX, and these private loans could be over $300 million"You continue to make statements based your incorrect view on the subject matter, like the above and others such as Sean O'Keefe and EADS NA having a role in the ESA Orion SM.
How the heck did this thread morph into a discussion about Spacex's financial business? I'm thinking most of that needs to be split into a different thread for that purpose so the rest of us that don't really give a damn about it don't have to wade through it......