XCOR shuts down
Capitalism in space: XCOR, the company that was going to fly tourists on the Lynx reusable suborbital plane by 2013, has laid off its last remaining employees.
Though years ago I predicted this failure accurately, I do not celebrate it. I would have much preferred to have been dead wrong, and to have seen Lynx built and flying, making money from space tourism. At the same time, I am also utterly realistic about the realities of capitalism. To have big successes you need to also have sad failures. XCOR unfortunately belongs to the latter.
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Capitalism in space: XCOR, the company that was going to fly tourists on the Lynx reusable suborbital plane by 2013, has laid off its last remaining employees.
Though years ago I predicted this failure accurately, I do not celebrate it. I would have much preferred to have been dead wrong, and to have seen Lynx built and flying, making money from space tourism. At the same time, I am also utterly realistic about the realities of capitalism. To have big successes you need to also have sad failures. XCOR unfortunately belongs to the latter.
Readers!
Please consider supporting my work here at Behind the Black. Your support allows me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Only now does it appear that Washington might finally recognize this reality.
In 2020 when the world panicked over COVID I wrote that the 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. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
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.
I grieve for this loss. I thought that XCOR’s spaceplane design seemed efficient, as the wings provide a far more efficient method of lift than rocket thrust alone. I had hoped to see a spaceplane that launches from a runway as well as returns to a runway. That was innovative.
Mr. Zimmerman:
What about XCOR’s upper stage engine contract/work for United Launch Alliance’s Vulcan launch vehicle? Do you have any information?
Alex: See today’s post on XCOR.
This is a sad thing. I want Blue Origin and Virgin Galactic to succeed, but if XCOR succeeded it may have ushered in a new era when being a billionaire (or being backed by a billionaire) was no longer a prerequisite to starting a successful launch company. I realize at the time Elon Musk wasn’t a billionaire when he founded SpaceX but he still had made a $100 million initial investment.
Now my hope is with Rocket Lab to usher in said era.