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> See a pattern here? Each failure from a different root cause. So multiple unsolved failure modes, not iteration. It has never reached orbit, never caught a ship, never demonstrated orbital refueling.

Wouldn't it be worse if it was all from the same root cause. That would suggest they can't figure out how to fix the problem. Multiple failures with different root causes provide almost optimal experimental data. I'm not saying the failures are necessarily good for SpaceX, but we are seeing progress and a willingness to push the envelope.

This IPO makes me more worried about the future of SpaceX then experimental rockets blowing up. That said, I can see why some people will invest in SpaceX, SpaceX has a significant lead in the space race and may end up gaining a near monopoly on access to space.



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