Comment Re:Too little, too late? (Score 4, Informative) 68
Not usually how markets work. You'll have the "ground breakers" which is Space X in this instance. They do most of the heavy lifting (pardon the pun) to develop a new product or service. Once they show it can be done, the copy cats enter the market. Their development will be much less because now they know how to do it.
Obviously building rockets isn't cheap and won't get much competition but there's obviously a huge market for it.
Not saying BO will succeed long term, just pointing out that being the 1st to a market doesn't guarantee a monopoly in most cases.
Obviously building rockets isn't cheap and won't get much competition but there's obviously a huge market for it.
Not saying BO will succeed long term, just pointing out that being the 1st to a market doesn't guarantee a monopoly in most cases.