https://lifeboat.com/blog/2016/01/these-former-tesla-employees-defected-to-a-new-top-secret-rival Safeguarding Humanity Tue, 25 Apr 2017 05:46:50 +0000 hourly 1 https://wordpress.org/?v=5.5.3 https://lifeboat.com/blog/2016/01/these-former-tesla-employees-defected-to-a-new-top-secret-rival#comment-286319 Sat, 30 Jan 2016 20:20:23 +0000 http://lifeboat.com/blog/2016/01/these-former-tesla-employees-defected-to-a-new-top-secret-rival#comment-286319 I do hope the best for both Tesla and Space X; however, losing talent to competitors is never a good thing in any industry. Time will tell us. However, current SpaceX valuation is $12 bil (as published in recent market news reports). And, Space X reported the following information which shows a low ROI (within a mid range launch cost). SpaceX costs ranges are from prices posted on their website: Minimum quoted cost per launch = $80,000,000 = $1,510,000 per ton Middle quoted cost per launch = $100,000,000 = $1,890,000 per ton Maximum quoted cost per launch = $125,000,000 = $2,360,000 per ton; so lets take the mid-cost of $1.89mil per launch x 3 = $5.67mil so far & its valuation is $12mil; means its ROI so far is around $2.11 mil (not that good; why many don’t explore space; however, payoff long term could be amazing though. So, hoping that the longer term payoff is there for Space X especially after losing good talent from Telsa

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