Conscious Choice cover

From the press release: In this ground-breaking new history of early America, historian Robert Zimmerman not only exposes the lie behind The New York Times 1619 Project that falsely claims slavery is central to the history of the United States, he also provides profound lessons about the nature of human societies, lessons important for Americans today as well as for all future settlers on Mars and elsewhere in space.

 
Conscious Choice: The origins of slavery in America and why it matters today and for our future in outer space, is a riveting page-turning story that documents how slavery slowly became pervasive in the southern British colonies of North America, colonies founded by a people and culture that not only did not allow slavery but in every way were hostile to the practice.  
Conscious Choice does more however. In telling the tragic history of the Virginia colony and the rise of slavery there, Zimmerman lays out the proper path for creating healthy societies in places like the Moon and Mars.

 

“Zimmerman’s ground-breaking history provides every future generation the basic framework for establishing new societies on other worlds. We would be wise to heed what he says.” —Robert Zubrin, founder of founder of the Mars Society.

 

Available everywhere for $3.99 (before discount) at Amazon, Barnes & Noble, and all ebook vendors, or direct from the ebook publisher, ebookit. And if you buy it from ebookit you don't support the big tech companies and I get a bigger cut much sooner.


SpaceX in preliminary negotiations for another big fundraising round

Capitalism in space: According to this report, SpaceX is now in preliminary negotiations with investors prior to beginning another big fundraising round, even though the company just raised $1.9 billion in private investment capital in August.

The talks are still in early phases, and exact pricing for the fundraising round has not yet been determined, one of the people said. Terms could still change, and it could take several weeks to decide and firm up allocations, the person added. SpaceX also may not be able to convince investors to give it the lofty valuation it desires. Allocations refer to which investors will be authorized to buy shares and how much they will pay for those shares.

“It’s a pretty big shock to me, honestly,” one of the people said. “What company jumps to double its valuation in six months? I don’t care at what scale you’re operating, it’s kind of crazy,” they added. “If you look at the series, every single valuation is a 10 to 20% bump.”

It appears that the company is trying to leverage its successes with Dragon, Starship, and Starlink to obtain more funding. The story also suggests that SpaceX now has a better sense of what it will cost to get Starship built, and thus is looking to obtain those funds now, when they are in a good position to get them.

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5 comments

  • Joe

    The interesting thing about these SpaceX funding drives is how much it pulls away from other space development companies, especially the small ones. Why bet on a seed round company when you can get in on a SpaceX deal? I applaud their work but the funding market needs to grow too as these big deals choke out the small ones.

  • jburn

    Is the funding really dramatically different from the Blue Origin levels of funding? Considering what SpaceX achieves versus Blue Origin the funding doesn’t seem too outrageous. SpaceX appears to be actually making money from various income streams.

  • jburn: My impression is that even with these additional funds, the additional investment capital funding that SpaceX is getting barely matches what Jeff Bezos has raised in selling his Amazon stock. Considering how much more SpaceX has gotten done, including making money, a comparison with Blue Origin is downright embarrassing for the latter.

  • Dick Eagleson

    As with Tesla’s recent equity sale, SpaceX is striking while the iron is hot. 2020 has been a very good year for SpaceX. 2021 could well prove significantly better.

  • Edward

    Joe asked: “Why bet on a seed round company when you can get in on a SpaceX deal?

    The venture capitalists who do not have the billion-dollar funds that SpaceX is looking for are the ones that bet on the smaller companies and projects. SpaceX is looking for investors who are not going to interfere, who are willing to be silent investors, or relatively so, even though they are putting up huge sums of money.

    A small startup company needs to look for funding from those who fund small startup companies. This is a very specialized market that the billion-dollar guys do not want to spend the resources on. The small startups take a lot of nursing and attention, not silent investors.

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