private enterprise Archives - Common Sense with Paul Jacob

Yesterday, I defended the honor, so to speak, of Elon Musk against Eric Peters’s charge — published, on his website — that the high-tech magnate is a “grifter.”

I focused only on the free speech angle. But Mr. Peters (“the libertarian car guy”) didn’t limit himself to criticizing X. He also criticized Tesla, SpaceX and DOGE.

Musk, Peters notes, “has just become a trillionaire by dint of the IPO of his Space Xcrement grift.” Folks bought into SpaceX, he says, because “they believe there is a Tesla roadster in orbit around the Earth and that we’ll soon be able to buy tickets for a trip to Mars.”

Is Peters suggesting that Musk did not send a Tesla Roadster into space? Is this some new sort of (forgive me) “conspiracy theory”? Truth is, the Roadster orbits the Sun, coming back from beyond the Martian orbit.

What does he think is really going on here? What Musk’s investors “have bought into is the grift of government contracts,” he says, “which are paid for with dollars fleeced from the tax sheep. People who buy Space Xcrement stock can share in the grift, of course. But it does not change the nature of the grift.”

While the bulk (but definitely not the whole) of SpaceX’s clients are government agencies, most importantly NASA, remember something that one might forget while reading Peters’s fun rant: Musk is indeed putting objects into orbit, with new and astounding technology of amazing efficiency, and NASA has announced that SpaceX’s biggest and best will soon take astronauts back to the Moon.

As for Tesla, these cars are on the road. They work. I wouldn’t buy one, but I wouldn’t call it a grift a million times, or even once. And Musk himself has said he’d happily produce cars without the subsidies. But he continues to use the system set up for more than just him — the usual businessman rationale.

Criticizable? Yes. Wholly a grift? No.

And as for DOGE, it’s not as if Musk did not try. He just got little support from Congress . . . or the President. Too bad. Still not a grift.

This is Common Sense. I’m Paul Jacob.

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Dream & Achieve More, Not Less

The successful Artemis II mission is one answer to what we have been told for way too long, that exploration “beyond known boundaries” is unaffordable and “too risky.”

“We are told not only to consume less but to dream less,” writes John Tillman. “Always the same chorus: lower your expectations. Stop reaching.” SpaceX and Artemis II have interrupted this tune.

And Artemis II has a lot to do with SpaceX, Tillman stresses. It’s NASA, it’s a government program, but one heavily reliant on markets.

NASA deserves credit for managing a complex mission. But 2,700 private companies were involved in providing crucial components.

Lockheed Martin. Made the Orion spacecraft that carried the crew.

Boeing. Made “the massive core stage of the Space Launch System rocket.”

Northrop Grumman. Made rocket boosters and an abort system.

Aerojet Rocketdyne. Made engines and thrusters.

“That’s just the prime contractors. Beneath them sat a supply chain of extraordinary depth.”

There’s more. In the five decades that NASA avoided lunar exploration and colonization, private enterprise had been providing reminder after reminder as to just how much could be accomplished by tapping dispersed knowledge and talents — from feeding the masses to connecting everyone via computer networking — making any lingering timidity or depressive preconception ultra-passé.

“SpaceX’s Falcon 9 launches for $67 million, lands its boosters, and flies again within weeks. That’s a nearly twenty-five-fold cost reduction through competition and innovation. When companies bear the risk, they solve problems creatively. When taxpayers bear the risk, you get decades of stagnation.”

That’s how markets and dreams work — when they’re allowed to.

This is Common Sense. I’m Paul Jacob.

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