China’s Kuaizhou-1A smallsat rocket launches technology test satellite

China today used its smallsat solid rocket Kuaizhou-1A to put a technology test satellite into orbit.

The Kuaizhou-1A rocket is not the same as the Kuaizhou-11 rocket, which some have speculated exploded during a static fire test in the fall of ’21. Both are part of a family of rockets designed for fast launch.

The leaders in the 2022 launch race:

26 SpaceX
19 China
8 Russia
3 Rocket Lab
3 ULA

The U.S. still leads China 35 to 19 in the national rankings, and the entire world combined 35 to 31.

South Korea successfully launches its Nuri rocket

The new colonial movement: South Korea today successfully launched its home-built Nuri rocket, placing a test satellite, a dummy satellite, and four university cubesats into orbit.

The government program to build this rocket began in 2010 and cost $616 million, though not all of that money was devoted to the rocket. South Korea’s space agency has four more launches planned through 2027.

This was obviously South Korea’s first launch this year. The leaders in the 2022 launch race thus remain the same:

26 SpaceX
18 China
8 Russia
3 Rocket Lab
3 ULA

American private enterprise now leads China 35 to 18 in the national rankings, and leads the entire world combined 35 to 30.

SLS dress rehearsal countdown ends at T-29 seconds

NASA’s fourth attempt to complete a full dress rehearsal countdown of its giant SLS rocket today ended at T-29 seconds, just short of the complete countdown.

It appears the countdown had one issue — a hydrogen fuel leak at the point where the umbilical fuel line attaches to the rocket — that mission control decided to ignore (or “mask” to use their word) so that they could proceed into the count as far as possible. It was this decision however that caused the two-hour delay in the countdown. They then resumed the countdown at T-10 minutes, the beginning of terminal count.

During the terminal count, the teams performed several critical operations that must be accomplished for launch including switching control from the ground launch sequencer to the automated launch sequencer controlled by the rocket’s flight software, and important step that the team wanted to accomplish.

NASA will hold a press conference tomorrow at 11 am (Eastern) to discuss the results of this dress rehearsal. While the leak is concerning, I expect NASA to decide that this dress rehearsal was a success, that they will roll the rocket back to the vehicle assembly building where they will fix this problem, after which the agency will declare the rocket ready to launch by the end of August.

While risky, doing otherwise likely raises other risks. If they decide to do another dress rehearsal the launch faces more delays. And waiting much longer continues to increase the danger that the solid rocket side boosters will not function as intended because they have been stacked almost a year longer than their accepted use-by date.

If this turns out to be the plan, expect the actual launch countdown to be as plagued with issues and delays and scrubs. NASA has yet to demonstrate it can do this smoothly with no problems. Worse, this level of mediocre performance has been par for the course for this entire SLS program.

If that launch should go smoothly it will be a welcome and unprecedented event.

SpaceX completes its third launch in less than 48 hours

Capitalism in space: SpaceX tonight successfully completed its third launch in less than 48 hours, launching a commercial communications satellite.

The first stage completed its ninth flight, landing on a drone ship in the Atlantic Ocean. At this moment, though the satellite is in orbit it has not yet been deployed.

The leaders in the 2022 launch race:

26 SpaceX
18 China
8 Russia
3 Rocket Lab
3 ULA

American private enterprise now leads China 35 to 18 in the national rankings, and leads the entire world combined 35 to 29.

At this point the U.S. is halfway to matching its annual record for launches of 70, set in 1966. With the year not quite half over, the U.S. is also only seven launches behind its total of 48 last year, which had been the most launches for the U.S. in a year since 1968. SpaceX itself is only five launches behind its own record of 31 from last year, and is easily on a pace to meet its goal of 60 launches this year.

UAE’s Rashid lunar rover getting ready for November launch

The new colonial movement: Engineers have now delivered the United Arab Emirates’ (UAE) first lunar rover, Rashid, to France for testing and preparation for its early November launch on a Falcon 9 rocket.

The 10-kilogram rover will now spend a few weeks in Toulouse for vibration and thermal vacuum testing, a series of final checks to ensure it can survive the extreme environment during a rocket launch and spaceflight. It will then be moved to Germany, so it can be integrated with a Japanese lander, called Hakuto-R Mission 1, built by private company ispace inc, which will deliver the rover to the lunar surface.

Once completed, it will be shipped to the launch site in Florida’s Kennedy Space Centre in September.

Unlike the UAE’s Al-Amal Mars orbiter — which was mostly built in the U.S. by American companies and universities as part of a training program for UAE citizens, Rashid appears to have largely built in the UAE by those engineers.

South Korea reschedules launch to June 21 after fixing sensor issue

The new colonial movement: South Korea space officials from its KARI space agency have now rescheduled the second test launch of their home-built Nuri rocket for June 21st, after replacing a fuel sensor on the rocket that was not working.

ARI said engineers identified the problematic part within the sensor and replaced it, and Kwon said they also found no other problems after inspecting the rest of the rocket. Kwon noted that the rescheduled launch date could be subject to change depending on weather conditions.

This will the second time KARI has attempted an orbital launch of Nuri, with the first experiencing an upper stage failure in October 2021.

SpaceX successfully launches German military satellite

Capitalism in space: SpaceX this morning used its Falcon 9 rocket to successfully launch a German reconnaissance satellite, completing its second of three launches this weekend.

The first stage completed its third flight, landing at Vandenberg, in thick fog. The third launch is set for just after midnight tonight.

The leaders in the 2022 launch race:

25 SpaceX
18 China
8 Russia
3 Rocket Lab
3 ULA

American private enterprise now leads China 34 to 18 in the national rankings, and the entire world combined 34 to 29.

Musk sued even as a handful of employees organize to slander him

Musk hate: In the past twenty-four hours, the rising effort to damage SpaceX and Elon Musk by many in our generally petty and envious elitist culture reached new levels, as illustrated by two different stories.

First, it appears a small group of anonymous “woke” employees at SpaceX organized a campaign to publish a letter condemning Elon Musk.

An open letter to company executives was posted in an internal SpaceX Microsoft Teams channel with more than 2,600 employees, the Verge reported on Thursday (June 16). The letter asks the founder of SpaceX and Tesla to change his ways. “Elon’s behavior in the public sphere is a frequent source of distraction and embarrassment for us, particularly in recent weeks,” the letter states.

…”As our CEO and most prominent spokesperson, Elon is seen as the face of SpaceX — every tweet that Elon sends is a de facto public statement by the company,” the letter adds. “It is critical to make clear to our teams and to our potential talent pool that his messaging does not reflect our work, our mission or our values.”

Unlike most corporations today — that routinely kow-tow to such attacks — SpaceX’s management pushed back hard, with the company’s CEO, Gwynne Shotwell, immediately issuing a strong company-wide email condemning the letter and announcing that an investigation has identified several people involved and has fired them. From her email:
» Read more

Ariane-6 rocket delayed again

Capitalism in space: The first launch of ArianeGroup’s new rocket, Ariane-6, has been delayed again, and will not launch this year as planned.

The new delay appears mostly related to getting the rocket’s ground systems up and running.

The rocket, being built for the European Space Agency’s commercial division, Arianespace, had originally been scheduled for launch in 2020. Initially the rocket struggled to find customers, because it is not reusable and is thus more expensive. That changed in the past few months with the Ukraine War eliminating Russian rockets as a competitor combined with a new gigantic launch contract from Amazon to launch a large number of its Kuiper satellites using Ariane-6.

SpaceX launches another 53 Starlink satellites

Capitalism in space: SpaceX today successfully used its Falcon 9 rocket to launch another 53 Starlink satellites into orbit, initiating a weekend where the company hopes to complete three launches in three days.

At the time of this writing, the satellites had not yet been deployed. The first stage landed successfully on the drone ship in the Atlantic Ocean, completing its 13th flight, a new record. The video of the landing at the link was also one of the clearest yet, with little drop-out or distortion.

The leaders in the 2022 launch race:

24 SpaceX
18 China
8 Russia
3 Rocket Lab
3 ULA

American private enterprise now leads China 33 to 18 in the national rankings, and the entire world combined 33 to 29.

Firefly founder stepping down as CEO

Capitalism in space: Tom Markusic, the founder of the smallsat rocket startup Firefly, is now stepping down as CEO, apparently forced out by the company’s new investors.

The company said that Markusic would shift from chief executive to a new role of chief technical advisor, effective June 16. He will remain a member of the company’s board and a “significant minority investor” in the company.

The move comes four months after AE Industrial Partners (AEI), a private equity firm, agreed to acquire a “significant stake” in Firefly from Noosphere Venture Partners, which sold its interest in Firefly at the request of the Committee on Foreign Investment in the United States. Noopshere is a fund run by Ukrainian-born investor Max Polyakov. In March, AEI said it was leading Firefly’s $75 million Series B round.

The statement suggested that Firefly’s new owners wanted new leadership for the company as it prepares a second launch of its Alpha rocket. That launch is expected no earlier than mid-July from Vandenberg Space Force Base, nearly a year after the first Alpha launch failed.

Essentially, the two people that created this company and then saved it have been forced outt, largely as a result of federal government demands. Polyakov was forced to sell to AEI by the government because he was not American, and it appears AEI then forced Markusic out.

NASA shuffles crew for first Starliner manned mission

In a press release yesterday, NASA announced the two-person crew that will fly on the first manned mission of Boeing’s Starliner capsule to ISS.

[C]ommander Barry “Butch” Wilmore, whom NASA assigned to the prime crew in October 2020, will join NASA astronaut Suni Williams, who will serve as pilot. Williams previously served as the backup test pilot for CFT [crew test flight] while assigned as commander of NASA’s Boeing Starliner-1 mission, Starliner’s first post-certification mission. As CFT pilot, Williams takes the place of NASA astronaut Nicole Mann, originally assigned to the mission in 2018. NASA reassigned Mann to the agency’s SpaceX Crew-5 mission in 2021.

The crew for this flight, delayed now more than two years, has changed several times. In 2020 astronaut Chris Ferguson dropped out for personal reasons. Then NASA listed the crew as Wilmore, Mike Finke, and Nicole Mann, with Williams then assigned to Starliner’s next mission, its first long term flight to ISS.

With this change, the crew has been reduced to two, and Finke is now listed as a backup should something further change with the prime crew.

The press release made no mention of an actual launch date, though it did say that Boeing and NASA are still reviewing the data from Starliner’s unmanned demo mission:

The Starliner team is in the process of delivering the initial test flight data to NASA and jointly determining forward work ahead of a crewed flight. These engineering and program reviews are expected to continue for several weeks, culminating in a launch schedule assessment at the end of July, based upon spacecraft readiness, space station scheduling needs, and Eastern Range availability.

The goal had been to fly before the end of this year. It appears NASA and Boeing are still pushing to meet that goal.

First look at the new Starliner flight suit being made by Dover

It appears that the flight suit that the company ILC Dover is making for Boeing’s Starliner manned capsule has been unveiled not by the company but as part of an exhibit at the Kennedy Space Centers’ visitor complex.

Boeing has also signed contracts with two companies to provide two different flight suits.

Announced late last month, Boeing’s choice of ILC Dover’s AES came somewhat out of the blue. The aerospace company had previously selected another spacesuit manufacturer, the David Clark Company, to provide pressure garments for astronauts launching and landing on its CST-100 Starliner capsules.

An example of the David Clark suit, which was first revealed in 2017, has already flown twice to space on Boeing’s two orbital flight tests. Although astronauts have yet to fly on the Starliner, an anthropometric test device (instrumented mannequin) named “Rosie the Rocketeer” was dressed in the suit for the trial missions.

Boeing’s next and, as currently planned, final Starliner test flight will carry a crew, who will also wear the David Clark suit, according to a statement released by the company. The ILC AES will be introduced once Boeing begins flying astronauts on NASA-contracted missions to and from the International Space Station in 2023.

“In the spirit of commercial human spaceflight, we made the decision to bring an additional Starliner spacesuit supplier online to introduce additional redundancy, flexibility and competition for crew accommodations on future flights to low-Earth orbit destinations. We expect to introduce the new suits during operational missions, and are pleased to see the market opening up and allowing more options for Boeing as well as our government and commercial customers,” read the company’s statement.

In my opinion, the graphics at the link of both suits show them both to appear more comfortable and better looking than SpaceX’s Dragon flight suits. That opinion however is just a question of taste and style, and has nothing to do with the suits’ operation or use.

OneWeb successfully tests airplane wi-fi using its satellites

Capitalism in space: During an eleven hour test flight, OneWeb has successfully tested the use of its satellite constellation to provide wi-fi service during long international flights.

Flight tests will continue throughout the rest of this year, with certification of the Sidewinder terminal expected in mid-2023. OneWeb expects to launch its new service in the middle of next year. It has so far launched about two-thirds of its 648-strong constellation of satellites.

This puts the OneWeb and SpaceX’s Starlink constellation in direct competition, since both will be offering this service directly to airlines. Thus, for both the airlines and their customers, this competition will likely not only lower price, it will improve service.

South Korea postpones tomorrow’s second test launch of its Nuri rocket

The new colonial movement: Because of unexpected sensor reading in the oxygen tank as the rocket was lifted upright at the launch pad, South Korea has postponed its planned launch tomorrow of its home-built Nuri rocket.

According to KARI [South Korea’s space agency], readings of the oxidizer tank sensor normally change when the rocket is being erected. Readings on Nuri’s sensor, however, did not show any change during the process. “The sensor itself could be problematic, or it could be an issue with the cable or the terminal box,” the official said.

This launch would have been the second attempt to complete an orbital launch, with the first Nuri launch failing in October 2021 when tanks inside the third stage broke free during launch.

Dragon cargo launch now delayed until July to fix fuel leak

Capitalism in space: Having now identified the source of a toxic hydrazine fuel leak in a Dragon cargo capsule that had been scheduled for launch on June 10th, SpaceX has now delayed the launch until July 11th so that it can fix the leak.

After removing propellant from the vehicle, “SpaceX was able to narrow down the source of the issue to a Draco thruster valve inlet joint,” the agency said. “Teams will now remove the specific hardware to replace it ahead of flight.”

Based on standard SpaceX procedures, it will not only replace this one valve, it will carefully figure out why it failed, and introduce an upgrade to all such valves so that this leak issue is never repeated. Such a policy has generally not been followed with much enthusiasm by older rocket companies in the past half century. The result had been the reappearance of such problems again and again, instead of a slow decline as each was found and eliminated.

Sierra Space developing crewed version of Dream Chaser; will train astronauts

Capitalism in space: In a press release mostly focused on touting the company’s new project to establish a training center for astronauts, Sierra Space dropped this bigger story:

A crewed variant of the Dream Chaser spaceplane is currently in development and will be operational in 2026, having successfully completed its System Requirements Review (SRR) earlier this month. Orbital Reef will be on orbit and operational in 2027.

Though it was always expected that the company would upgrade the cargo version of Dream Chaser it is presently building, until now it had been made no announcement to that effect. Moreover, until now Sierra Space has functioned much like the old big space companies, doing nothing without a contract from NASA. This effort to build a manned version of Dream Chaser is apparently occurring without any such contract. All Sierra has right now is a contract to launch cargo to ISS.

The astronaut training center fits in nicely with this new manned Dream Chaser, which also fits in nicely with Sierra Space’s partnership to build the commercial space station Orbital Reef.

Momentus concedes its Vigoride tug will probably not be able to deploy more satellites

Capitalism in space: Momentus yesterday conceded that because of the problems that have dogged the first flight of its Vigoride tug, it will probably not be able to deploy the remaining smallsats on board.

Previously the company had said that communications issues were interfering with deployment. This update revealed that the tug’s solar arrays had also not opened as intended.

After initially experiencing these anomalies, we were able to deploy two customer satellites from Vigoride on May 28. Since that time, we have continued efforts to deploy other customer satellites, but have not confirmed any subsequent deployments. While we previously established two-way communications with the Vigoride vehicle, we have not been able to continue such two-way communication, which we believe is due to the low power situation on the vehicle due to the deployable solar arrays not operating as intended.

Though this update is very unclear on this point, it appears that Vigoride was able to deploy three objects in total, or a total of six smallsats. How many additional smallsats failed to deploy is not clear.

The company plans its next launch in November, with additional launches next year.

Test of solar sail for de-orbiting smallsat ends successfully

Capitalism in space: The Canadian company Space Flight Labs announced yesterday that its first test of a solar sail for de-orbiting a small satellite ended successfully last month.

The CanX-7 (Canadian Advanced Nanospace eXperiment-7) was a three-kilogram, 10x10x34cm satellite that was launched on September 26, 2016. The satellite was funded by the Defence Research and Development Canada, the Natural Sciences and Engineering Research Council, COM DEV Ltd. (now Honeywell), and the Canadian Space Agency.

According to SFL [Space Flight Labs] “the satellite successfully completed a seven-month aircraft tracking campaign before deploying its drag sails in May 2017 to demonstrate drag-sail based deorbiting.” SFL said it took five years for the drag sail to deorbit the satellite and without it the satellite wouldn’t have burned up in the atmosphere for roughly another 178 year.

When the four drag sails, each about one square meter in size, were deployed, engineers immediately measured an increase in the orbital decay rate. Though it still took five years to force a de-orbit, the system removed the satellite from orbit much sooner than otherwise.

The system is aimed at the smallsat market, satellites too small for other proposed removal methods that also might remain stranded in orbit for a very long time because of their small size.

Astra launch a failure when upper stage shuts down prematurely

Capitalism in space: A launch attempt today by Astra of two NASA weather cubesats, designed to study the evolution of storms in the tropics, was a failure when the upper stage engine shut down prematurely.

This was the second launch failure for Astra out of three launch attempts in 2022. Both this failure and the February 10th failure occurred after the first stage has successfully done its job. The first was due to the failure of the fairings to separate. Today the fairing ejected properly, but then the second stage engine failed.

The launch however did illustrate something quite profound. Though it occurred about one hour and forty-three minutes into its two hour launch window, the launch team was able to recycle the count three times due to various issues and still launch. What makes this significant is that such quick countdown recycles have now become very routine.

When SpaceX did its first quick countdown recycle back during its first Falcon-1 launches in the 2000s it was astonishing, as NASA would never do such a thing. If a NASA shuttle launch aborted close to launch, the agency would always stand down for at least a day to figure things out. Even today, its ability to do a quick countdown recycle with its SLS rocket is almost impossible, as shown during its first attempt to do a dress rehearsal countdown of SLS in April. With each abort the agency had to reschedule for the next day or even later. It had little ability to quickly turn things around.

Private enterprise has since proven that such slow operations are inefficient and unnecessary.

Meanwhile, Astra needs to fix this issue and launch again. It was able to investigate and fix the fairing issue that caused that February launch failure in just over a month. Hopefully it can do the same again.

Russia proposes restart of ExoMars partnership with ESA

Russia’s aerospace corporation Roscosmos has proposed to the European Space Agency (ESA) that its partnership to launch and land ESA’s Franklin rover on Mars be renewed, despite the Ukraine War and Roscosmos’ confiscation of 36 OneWeb satellites.

[According to Roscosmos head Dmitry Rogozin] the equipment and Kazachok landing platform for the mission have the potential for launch in 2024. “ESA colleagues promised to make requests to their patrons, who are ESA member states. If they cooperate and give their consent, the mission may be implemented,” Rogozin said.

He estimates the likelihood of this scenario to be at about 708%. [sic] Roscosmos plans to get the response in late June. [emphasis mine]

It would not be surprising if ESA made this deal, despite its stupidity. Roscosmos’ actions recently, especially related to OneWeb, prove the people running it are very untrustworthy business partners. Yet Europe’s historic willingness to deal with the devil for short term gain — eventually and repeatedly leading to overall disaster — is legendary.

Momentus’s space tug successfully deploys two smallsats, despite communications issue

Capitalism in space: In a brief update released on May 31st, Momentus announced that despite the communications issues engineers are having with the communications system on its Vigoride space tug, it was still able to successfully deploy two smallsats several days earlier.

The update also says that the company plans “… to continue work to address the anomalies on the Vigoride spacecraft announced on May 27 and deploy additional customer satellites.”

Based on these updates, as well as the company’s description of this mission, it is not clear how many other smallsats still need to be deployed.

Stratolaunch test flight of Roc ends prematurely

Capitalism in space: A recent Stratolaunch test flight of its giant carrier airplane Roc was ended prematurely because engineers had detected an unexpected “test result”.

“While completing Roc testing operations, we encountered a test result that made it clear we would not achieve all objectives for this flight,” the California-based company, which was created by Microsoft co-founder Paul Allen more than a decade ago, said in Twitter update. “We made the decision to land, review the data, and prepare for our next flight.”

The company has provided little additional information. The flight itself was planned to last as much as 3.5 hours, but only lasted about an hour and a half.

Stratolaunch’s present plan is to offer Roc and its Talon-A payload as a testbed for testing hypersonic flight.

Update on Starship in Texas and Florida

Link here. The article goes into great detail describing the status of the Superheavy booster prototype and the Starship prototype now planned for that first orbital launch, with this comment:

While some claim FAA is the hold up for Starship plans [I wonder who], even if the FAA had approved a launch in December of last year, SpaceX likely still would not have been ready for an orbital launch.

Maybe so, but why do journalists today have to bend over backwards making believe the federal government is not a problem, or is not interfering with this private company’s operations? It clearly is a problem, and is interfering with private companies, and it is doing so more and more for political reasons. Good reporting must note this.

The report also provides details on the status of SpaceX’s Florida Starship orbital launchpad. The company only began serious construction in Florida in April, yet large sections of the launch tower as well as its foundation have already been built. The pace of construction — as well as SpaceX’s past history building the Boca Chica launchpad — suggests this launchpad could be ready before the end of the year.

Compare that with NASA’s incompetent effort to build its SLS mobile launchers. The contrast is striking.

Russia and Venezuela sign space cooperation agreement

Even as the U.S. has gathered nineteen other countries — including most of the world’s space-faring nations — to sign the Artemis Accords protecting property rights in space, Russia yesterday announced that its government has approved its own space agreement with bankrupt and socialist Venezuela.

The agreement between the governments of the two countries was signed in Caracas on March 30, 2021. It is intended to create “organizational and legal foundations for mutually beneficial cooperation between the parties and relevant organizations of both states in the field of exploration and use of outer space for peaceful purposes.”

Russia also has an agreement with China, which like this Venezuela deal is somewhat vague. The countries have agreed to work together, but appear to have few plans for actual joint missions. What is clear is that both oppose the Artemis Accords.

Compared to the American alliance of nations, which includes Australia, Bahrain, Brazil, Canada, Columbia, France, Israel, Italy, Japan, Luxembourg, Mexico, New Zealand, Poland, Romania, Singapore, South Korea, the United Kingdom, the United Arab Emirates, and the Ukraine, the Russian alliance seems quite paltry, except for China.

Vulcan likely delayed until ’23

According to Eric Berger at Ars Technica, continuing delays with both the rocket’s payload and main engines, ULA’s Vulcan rocket will almost certainly not launch before the end of this year, as hoped by the company.

The rocket’s first stage BE-4 engines are being built by Blue Origin, and are already four years behind schedule. According to Berger’s sources, they will not be delivered to ULA until mid-August, which makes a launch in ’22 very unlikely, especially because both the engines and rocket are new, and will need time for fitting and further testing as a unit.

As for the payload, Berger’s assessment is not based on any new information. The payload, Astrobotic’s first lunar lander dubbed Peregrine, has also been experiencing delays, but the article provides no further information on whether it will miss its targets to be ready in ’22.

Regardless, it appears that Blue Origin is still dragging in its effort to build the BE-4 engine. If Vulcan cannot launch this year, it will threaten ULA’s long term future, since the company is depending on it to replace its Atlas-5 and Delta rockets. The delays now are allowing others to catch up and grab business that ULA might have garnered had Vulcan been operational as planned.

SpaceX successfully launches Egyptian communications satellite

Capitalism in space: SpaceX today successfully launched an Egyptian communications satellite using its Falcon 9 rocket.

The first stage completed its seventh flight, and landed safely on the drone ship in the Atlantic.

The leaders in the 2022 launch race:

23 SpaceX
18 China
8 Russia
3 Rocket Lab
3 ULA

The U.S. now leads China 32 to 18 in the national rankings, and the entire world combined 32 to 29.

Musk: Starlink will not go public until ’25 at the earliest

Capitalism in space: According to Elon Musk, a public sale of stock for the Starlink internet satellite constellation has now been pushed back another three to four years, and will not occur any earlier ’25.

His revised date means Starlink’s IPO has been delayed once again for another three years. In an email to SpaceX workers in 2019, also obtained by CNBC, Musk gave a three-year timeline for Starlink’s public offering, meaning an IPO could have taken place this year.

In 2020, Musk tweeted that Starlink would “probably IPO” in “several years.” He then tweeted in June 2021 that it would be “at least a few years before Starlink revenue is reasonably predictable” and taking it public any earlier would be “very painful.”

This quote however from Musk I think best describes his experience being in charge of a publicly traded company: “Being public is definitely an invitation to pain.”

1 2 3 4 200