Jared Isaacman

There's plenty of launch providers.

You can launch something into space.

Shockingly, there's almost no red tape.

It's actually one of the problems.

is that, don't get me wrong, we want to start talking nuclear, there's red tape.

You want to launch nuclear reactors, there's red tape.

But in terms of just general commercial space, they all basically get a free pass to do what they want.

It's called the learning period.

And basically, Congress actually got this right of giving commercial industry time to figure out what the economy is.

Look, you have to get an FAA launch license to launch a rocket.

If that, there is no one who inspects the integrity of the rocket.

No one signs that off.

So you wanna talk about no regulation?

So if that rocket gets up into orbit and then blows up and showers low Earth orbit with debris that takes out other satellites and whatnot, there's no one who inspected that or signed off on it.

At some point there will be.

So in a lot of areas, commercial industry to figure this all out has a lot of latitude.

I think, look, what's holding it back is that the revenue model is highly dependent on either DOD or NASA, and there's only so much money to go around.

I think I said before, there's four different companies trying to build space stations.

There are two in existence, the Chinese and the International Space Station, and neither one of them make money.

Why are there four companies trying to build space stations?