October 17, 2017 Zimmerman/Batchelor podcast
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Readers!
My annual February birthday fund-raising drive for Behind the Black is now over. Thank you to everyone who donated or subscribed. While not a record-setter, the donations were more than sufficient and slightly above average.
As I have said many times before, I can’t express what it means to me to get such support, especially as no one is required to pay anything to read my work. Thank you all again!
For those readers who like my work here at Behind the Black and haven't contributed so far, please consider donating or subscribing. My analysis of space, politics, and culture, taken from the perspective of an historian, is almost always on the money and ahead of the game. For example, in 2020 I correctly predicted that the COVID panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Every one of those 2020 conclusions has turned out right.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
Regarding the “Zuma” payload, I bet it is SpaceX’ own. Now that they reuse their first stages the time has come to use them, not only sell their use.
$50 billion current present value means $10 billion free cash flow profit every year for ever after, if a discount rate of 20% is used. This is risky business technologically, politically and it is also entirely up to one single man, so I think something above 10% describes the investment risk. They really count on huge profits in the future, because they quickly get discounted at this risk level.
Finances for the Mars colony are assured, if Morgan Stanley is representative for how investors think of SpaceX. They don’t need to go to the stock market to sell shares in order to materialize some of those $50 billion of expected future profits. They can get the money via bilateral agreements of investment. One of the owners today could put his SpaceX shares in a holding company and sell it to the stock market, to provide the market with valuable risk diversification options in a new kind of industry.