In this episode of the Business Breakdowns podcast, Luke Ward from Baillie Gifford dives into an engaging discussion about SpaceX. The conversation highlights SpaceX's groundbreaking business model, which harnesses advancements in rocketry and reusability to significantly cut launch costs. This reduction is crucial for tapping into new space markets, such as the expansive Starlink satellite internet network, and paves the way for future projects like space-based manufacturing and even space tourism. While recognizing the substantial risks tied to such a capital-heavy venture, Ward emphasizes SpaceX's innovative approach and its potential to transform the global economy with its disruptive technologies and ambitious vision for the future.
