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Major is my Spirit  Animal's avatar

Agreed, however AWS was the unexpected cash cow that resulted from Amazon having to invent the wheel for what they were doing in the commercial sales space. AWS accounted for 74% of Amazon's profits last year and that was when we were all buying stuff online instead of stores. The initial idea that Bezos had for "the everything store" isn't profitable enough on its own to make him as wealthy as he is, which is why I offered Amazon as an example of pivoting to profitability.

You are also right about Blue Origin lobbying government to get contracts for things like the lunar lander, however that is the game as it's played, Northrop Grumman, Boeing, Space X etc. all are having lobbyists call on the various agencies and pitch their particular solutions for contracts that the government is issuing RFPs for.

Tesla was started by Martin Eberhard and Marc Tarpenning, Elon bought a controlling interest in the company and steered it to financial stability due to his experience and connections in getting venture capital. Tesla has benefited from Musk's PT Barnum act but his ever increasing need to be seen as the face for his companies is starting to have negative repercussions due to his constant confabulations regarding progress on various projects - i.e. Cybertruck, Tesla Semi, Full Self Driving autopilot etc. His purchase of Twitter will prove to be a financial black hole and a serious downgrade to his public approval numbers as well as a distraction from the businesses he already putatively runs.

Tesla is also going to be facing serious competition from the rest of the industry as well as new startups, and a lead in business doesn't last forever on its own.

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DDB9000's avatar

I saw that and it was amazing,

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