2011-05-28
Private - Profitable - Productive
Private companies are now breaking water and making their way over any highly profitable government or partly governmental control sectors, be it banks, space programs or airlines. Space X, whose owner is the previous owner of PayPal which was sold for around billion US dollars, is now the entrepreneur who launched the revolution of private Space companies and electric sports cars. Tesla and Space X are now leading in both private sector space exploration programs, (ahead of the heavily funded Virgin galactic), and electric motorsport company Tesla, who technology leads the way of hybrid and electric vehicles with a charge that could take the vehicle miles ahead of the battery and charging generation.
Space X’s owner (who’s name I cannot recall) has not taken contracts from NASA to make space modules that will be used in future space expeditions. The reason why this is possible is because of the flexibility of control, the factor of red-tapism is not present as the CEO himself is an engineer involved in the making of these devices - their aim is to reach max potential with no rings of limitation or funding limitations, the possibilities are mindlessly above what government sectors can achieve as they now deal with a debt that isn’t only theirs but also those of the general public where pending public deposits used for failed investments need to be re-payed to the tax payers. You can paint the picture in your head and imagine the problems it now faces. These companies with it support in london , will encourage a wave of private companies pursuing projects that governments no longer achieve.
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