@TaoRay: The only truly profitable business for SpaceX is satellite communications, and there's still room for growth in that area. But what's the profit point in colonizing Mars? It could only be some government contracts, and they won't even get orders from China. In my view, this is a money-burning project driven by a dream. Are there resources to mine on Mars? How does it make money? How does it turn into shareholder value? Btw, humans…

X AI KOLs Following News

Summary

This post questions the profitability of SpaceX's Mars colonization, arguing that only satellite communications is profitable and that the Mars project is a money-burning dream, concluding that humans cannot become a multi-planetary species.

SpaceX's only truly profitable business is satellite communications, and there's still room for growth in that area. But what's the profit point in colonizing Mars? It could only be some government contracts, and they won't even get orders from China. In my view, this is a money-burning project driven by a dream. Are there resources to mine on Mars? How does it make money? How does it turn into shareholder value? Btw, humans cannot become a multi-planetary species.
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