What SpaceX Means For Elon Musk’s Mars Dreams

5,4,3,2,1, Lift off! This airline SpaceX will make more rocket engines than the rest of the U.S. production combined. That’s a lot of rocket engines. Space X has been really
exciting and it has revolutionized the public’s interest in space exploration and rockets and sending humans back into space. Yeah well it is science fiction. I love science fiction but science fiction does sometimes come true. Space X has become a household
name in America and it’s little wonder why. Becoming a space faring civilization is one of those things that makes you excited about the future. Founded by the eccentric and controversial Elon Musk, the rocket builder is now one of the most valuable private companies in the world, ranking among the likes of Uber and Airbnb. It’s completed more than
67 rocket launches to date launching north of 16 cargo missions to the International Space Station for NASA. It successfully launched Falcon Heavy
in 2018 the most powerful rocket in the world. It’s closing in on being
the first to launch American astronauts from the U.S. since the end of the space
shuttle program and it’s deep into developing and testing a
new generation of engines and rockets to send people around the
world in minutes and even to Mars. Mean I was I think the second person Elon pitched SpaceX to and I was like ‘Oh you’re gonna be doing this thing that comes off you know national government subsidies and so forth? Oh this is a disaster.’ He was right I was wrong. That’s how that plays out. But how did Space X
become what it is today. Let’s go back to 2001. Elon Musk had a dream sending
an experiment to the Red Planet. He essentially wanted to land
a greenhouse with plants on the Martian surface. But after Musk put a small team together to create plans for the mission, he discovered U.S. rockets were very expensive. Russian rockets were much cheaper. But when Musk went to buy one of their rockets he was turned away and reportedly very rudely. You could deliver the cheap designer if he was getting agitated you know. Finally he was just so agitated he literally spit on Elon, he spit on his shoes. And [chuckle] Elon turns to me and goes, ‘I think he spit on me.’ [Jim]: ‘Yeah Elon that’s a sign of disrespect.’ [chuckle] Spurned by the lack of rocket options, Musk crunched the numbers and decided to build his own. He took money that he made
from the sale of Paypal. That rocket became Falcon 1. Truly incorporated as Space Exploration Technologies, Musk’s team began building its first rocket. So this is when SpaceX really
started to elbow their way into DC. They were starting to compete with the massive aerospace and defense contractors who held the keys to the most viable launches for the U.S. military and NASA. He builds a rocket and then he takes that rocket and puts it on the back of a trailer and drives it through the National Mall up to DC and a big FAA party to basically say, you know, put a stake in the ground and say ‘I’m here. We can do this and we can
do it a lot more cost effective than the existing players.’ I remember going to some of
this industry space shows back 10 years, 20 years and Space X was starting to to show their face. They would have booths and corner somewhere. They were very small. I remember asking around some of the other bigger companies went what they thought of SpaceX and they thought SpaceX with their proposed launch prices, very low launch prices, . were really mostly talk more than anything else and that they could never really produce a rocket that would be competitive with such low low prices. I wasn’t so quick to believe that because I thought there was something unique about Mr. Musk. He did talk big. He was a little brash but what our industry needed with somebody like say a Steve Jobs somebody that could really push the envelope. 2004 was certainly a key moment for them. SpaceX protested NASA awarding a
$230 million contract to now defunct Kistler Aerospace. SpaceX argued that NASA did not allow other companies to bid for the contract and the government sided with SpaceX. I think that that really opened
up the door for what came next. It’s a difficult road to orbit. Musk has said that the company
was running out of cash in 2008. Space X had attempted to launch Falcon 1 to orbit three times but had failed three times. Musk kept pushing. Even after the third failure, I thought maybe he would wait for a year to investigate really carefully what happened and just to be more cautious. But to my surprise, within a
few months he was trying again. Beyond putting his own money into SpaceX, Musk had to also convince some fellow entrepreneurs to invest in the company. The funds that came in at that time. They’re no dummies. Right? So they had done their diligence they understand what’s happening. They saw three failures and they saw an entrepreneur who had learned a lot from that. Right? And they had a lot of confidence
in his ability to get to orbit. The idea there is that you put your money in before you get to orbit, lower price and benefit from what happened next and they certainly did. Then on a remote island in
the Pacific Ocean, Falcon 1 did it. In September 2008, Space X became the first to privately develop and successfully launch a liquid fueled rocket to orbit. In 2008, they made
it to orbit. In 2009, they made it to orbit with their Falcon 1 carrying commercial payloads and paying customers. That’s when investors really started to pay attention to SpaceX and their valuation took off. Then SpaceX got its
first big NASA win. A $1.6 billion contract to
launch cargo to the International Space Station. SpaceX was building its first Dragon capsule for the cargo missions as was developing a rocket with nine engines instead of just one. Called the Falcon 9, the rocket would be capable of sending satellites the size of school buses to orbit. What we’re looking at there. That’s a quarter section of the Falcon 9. A 17 foot diameter faring its 17 foot diameter, obviously and 50 feet long. It’s capable of taking the
largest satellites in the world. And this is when SpaceX evolved from an engineering dream into a business. [Countdown] 3. 2. 1. Lift off. Lift off
of the Falcon 9. Procedure engines shut down. Second Stage has separated. Over the course of dozens
of launches, SpaceX continued to evolve the Falcon 9 rocket. Space X has become a major provider of launch a resource to the US military. A segment of the market which traditionally closed to all but two companies, Boeing and Lockheed, as part of the joint venture called the ULA. The company was able to break that monopoly. That’s that’s not a small achievement. That’s huge. Space X has led a boom in private companies that now challenge legacy contractors like Boeing, Lockheed Martin, and Northrop Grumman in the rocket business. But other young companies, like Jeff Bezos his company Blue Origin, are beginning to aim for Space X market share. For example, Blue Origin landed
a rocket booster first. Welcome back, Shepherd. [cheer] But Space X took it to the next level. While Falcon 9 has had multiple improvements, one stood out dramatically: Musk’s vision of reusing rockets. SpaceX’s launching and landing of
rockets is not something that they invented but something that they perfected and something that they were able to bring to market. SpaceX began working on vertically
landing a rocket with a program called Grasshopper. The prototype had several explosive failures. Or a SpaceX called them a “rapid unscheduled disassembly.” I admire them for not being afraid to fail. Engineers learn more from their
failures than they do from incremental improvements. In December 2015, SpaceX did it. SpaceX landed the booster stage of its Falcon 9 rocket on the company’s landing pad in Florida. Reusable rockets is a
huge move forward. Makes rockets a lot cheaper. That’s really revolutionized the satellite industry. And they landed more funding too. Google come in with a billion dollars. And then now everyone wants it right. We’re seeing retail investors
come in mutual funds. That type of thing. So you can see really the evolution of the type of investors and the milestones that SpaceX is able to hit that convinced them that this was a good investment. Is SpaceX profitable? We are profitable. Amid all of this, SpaceX also developed the Falcon Heavy rocket. Essentially three Falcon
9 rockets strapped together and beefed up. Musk first announced Falcon Heavy in 2011. Well we’re super excited obviously at SpaceX to announce some of the details around the Falcon Heavy rocket which is our large rocket development, really large rocket development. After more than $500 million in development, SpaceX launch Falcon Heavy for the first time in a near flawless launch in February 2018. Musk put one of his own Tesla Roadster is on the top of the rocket and millions watch SpaceX send a car into orbit around the sun. Experts in the field not only admire the flashiness and the results, but also the approach SpaceX takes to solving problems. I remember seeing a very large composite fuel tanks that they had build as being a bit awestruck and wondering how in the heck could they do that. They’re bold users of
new materials and methods. They approach everything with fresh ideas
and they go at it very quickly and with agility. At the same time, SpaceX was deep into work on its next milestone NASA project. After the space shuttle program ended in 2011, NASA turned to the private sector to find a solution. Without the capabilities to launch human beings, the U.S. has been paying Russia $80
million per astronaut to reach the space station. There’s this really fantastic public-private partnership between SpaceX and NASA. So NASA provided some funding to SpaceX early on to help them develop a lot of their technology. But now NASA is getting a return on that investment by hiring SpaceX. SpaceX won a $2.6 billion contract for a commercial crew. The Dragon capsule is large and looks pretty comfortable. Right? Astronauts have gone for a long periods of time in much smaller space ships. So, they could also go to the moon, around the moon. They can go to the space station. They can take individuals to the space station. The commercial crew program after a number of delays is now set to see SpaceX launch its first astronauts in 2019. The capsule represents the company’s first attempt at launching human beings. If Space X is going to fulfill Musk’s dream of making humanity a multi-planetary species, the company must be able to reliably and safely launch astronauts. They completed their first successful launch, with dummies sitting in for a crew, in early 2019. Here in Southern California, sometimes we occasionally see the SpaceX rockets in the night sky. That’s really exciting. I think it’s having
a really big impact. SpaceX today has more
than 6000 employees. It represents a majority
of all American launches. But as space travel becomes more mainstream, so do the questions facing the company. There are a lot more women astronauts. There are a lot more astronauts of color. A lot more people of color or astronauts. NASA’s been paying attention to this for a while and it just, again, from the outside it feels like SpaceX hasn’t been prioritizing because if they had we would just see different demographics at their company. SpaceX hasn’t published their diversity numbers. There was an unofficial report from 2016 that estimated that 14 percent of SpaceX employees are women. That’s a very low number. That’s a low number even for science and engineering. That’s lower than the fraction
of undergraduate who are women who are getting degrees
in math and engineering and physics and relevant fields. Space X declined to comment on diversity but in 2018 we spoke to President Gwynne Shotwell about women in the industry. I speak to groups of women,
both teeny women, tiny girls, through college and professionals
whenever I have the opportunity to do so. I became an engineer and followed this career path because of a role model. So I think it’s important to be as public as I can afford to be and hopefully inspire women to kind of join me in this incredible field. Of course, it’s great that there is a woman essentially running Space X but that doesn’t mean by itself that the climate is inclusive for everybody. There’s lots of data and studies that show that the more diverse your workforce, the better your outcomes. And after Musk appeared to smoke pot during an interview, the U.S. Air Force reviewed his security clearance. What’s next for Musk’s space company? SpaceX is facing its most important test in commercial crew and Musk is aiming to have SpaceX launch the same Falcon 9 rocket twice within 24 hours as the company aims to make spaceflight more akin to air travel. I’d like to introduce the first paying customer of BFR: Yusaku Maezawa, please come forward. [cheer] Thank you, Elon. Thank you everyone. In August 2018, SpaceX signed Japanese billionaire Yusaku Maezawa as the first passenger for starship, with a planned tourism flight around the moon. That flight is planned for 2023. Several years down the road will be the launches of Starship: the enormous rocket SpaceX is building to send as many as one hundred humans to the moon, Mars and more. In general, Mars is far better suited to ultimately scale up to be a self-sustaining civilization. It’s one thing to send humans to Mars. It’s another thing to colonize Mars. And there is a perspective by which maybe before we go to colonize other planets, we should figure out how to land on this planet without destroying it. Which we haven’t figured out yet. He’s easy to criticize, certainly. And he, I think, you could say over promises and under delivers. But there’s no question that he inspires. I think that might be part of what works for his companies It is that he makes very bold and aggressive projections. He lays out a target and then tries to meet it. He often falls short but you know raise your hand if you don’t occasionally fall short yourself. Yeah. I would categorize him as the leader at this point. This is a company that in a very short time I would say in about 10 years has come the farthest I’ve ever seen any company in this industry come. So when is Elon Musk going to space? I asked him When do you think that’s going to happen? You mean like me personally. As far as me going, I’m not sure. He suggested that maybe that I
would join on this trip. [chuckle] I don’t know. Yeah. Yeah. All right. Maybe we’ll both be on it. [cheer]

21 thoughts on “What SpaceX Means For Elon Musk’s Mars Dreams

  • Whats your qualification
    Well i had 30 years worth of experience,knowledge,worked for many different companies and helped develop many new technologies.
    Are you Black?No Are you a Women?No Are you part of any of the minorities?No
    Yeah your resume is good but we will go for the less experience person and the only reason we are choosing them is because of their gender or race
    Good luck to you

    Why would ANYONE in the right mind care how many blacks,hispanics,women,trans,half alien half sheep people they have working from them?Its really simple you PICK the MOST SKILLED and MOST QUALIFIED and not who looks better and what color their skin is.American whites need to start growing some balls and stop letting these blue hair,purple hair,fat,disqusting "creatures"destroy the greatest country on Earth.They dont speak fro White people,they dont speak for Black People,Asian People,hell they dont even speak for Women,Trans people,they are literary people who had connections to get on to the TV and claim to rep something they really dont and YOUR GIVING THEM YOUR COUNTRY.

  • It is actually astonishing to see the diversity part…

    Plz do not be this diversity 'correct', Okay? It is rocket science, not place to argue about the diversity…

  • I really hope Space X hires purely on merit!
    Need some skills, then get the best person for the job – requirements may include ability to handle stress, long hours, communicate efficiently and leave politics outside.
    Nobody cares what gender, color or other that person is, it is only results that matter – good results = company, shareholders and employee wins. The goal of hiring is to obtain a perfect match.
    Given equal opportunity, "Diversity" is irrelevant. Hiring according to diversity is to deny equal opportunity and that is illegal.|

  • If there's no girls there it's because they don't deserve it or aren't smart enough I'm sure Elon Musk is not being sexist

  • This is all well and good, but all these rockets taking off must be adding to our worlds pollution,
    and whats it doing to our already fragile ozone layer.

  • Oh this channel with foreign investors, with pro-foreign agenda!!! You should warn us about your political agenda in the video title….. … Whats the problem in hiring the best qualified people in company that has billions in game⁉️sorry if the rest doesn't fulfill the requirements.
    This people always wanting a quote of attention!!

  • Bunch of white men who haven't watched the movie Hidden Figures commenting here. And a whole lot of negativity going on about diversity. The ethos is winning, Elon's vision is succeeding. They CAN afford to be more diverse in their hires without compromising anything at all. In fact diversity might even make things better.

    Talent and ability comes in all colours shapes and sizes. Don't be so stupid as to disagree with that.

  • Screw this diversity crap. How about we hire the best person for the job according to their credentials and abilities. I am married to a Hispanic/Apache woman. Guess what, she got the "position" because she was the best. Not because of affirmative action.

  • who is this champion of include the idiots woman?It's not inclusive to everyone -daa! It excludes stupid! "we should learn to live on this planet" – so how will that go?Reducing population by genocide instead interplanetary settlement? all people claiming social justice did do that.Including the first person using "war for social justice" in his rallies – the times magazine choice for man of the year 1938.THe outcome was not better, nor divers nor just.THough hard left considers antisemitism as a form of tolerance, again.Interesting that CNMBC does exclude counter arguments.THere's a cartoon in the 1930th of people running a political leader into the grave.But huge cooperation got to swallow all business with the governments help in a certain socialist program, in which their CEO's "only" had to be party members and 'do as they say' or got replaced.Horch became Audi, TIetmans became Kaufhof.SHorttime successful outcome, after 12 years total disaster.

  • I mean Why would you hire under qualified people because you wanted a workplace with all cultures!? You realize not all country's even have mixed cultures!?

  • It was a great video until they brought up diversity.. It was even more ridiculous bringing this up while talking about a big company ran by a woman.

  • This is a bait video wanted to watch a video on space and how we get there and seen its about women i know 4 space engineers all are men and oh wait elon barley smoked a blunt in a state where its allowed

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