@thomasfuchs It's easy to fall into the trap of mistaking businesses for having the potential to be efficient because you'd think, in theory, someone chasing profits will, in fact, optimize costs, but in reality large companies do the exact opposite: deoptimizing as much as possible. Well, for a whole bunch of reasons, but the craziest to me is how much they gleefully burn all their long term bridges in their desperate chasing of getting a slightly higher profit margin on each next quarterly report... It's crazy how much more they'll spend long term just to make the short term look better...
(But yeah, some things just don't work right if you're chasing profits. Reaching space is one of them.)
That said, SpaceX is just straight up running a scam operation and pocketing handouts...