Why SpaceX holds a fair chance?

 

Wall Street has a reason to vouch on Tesla. Wondering what it is? Read ahead.

SpaceX or Tesla, Elon Musk works on the thumb rule of perfection and not the cost involved. He has managed to create fast going expensive things but only a few. The roadster-electric supercar was the first thing made by Tesla. Then came the two Models – S and X which underwent numerous iterations until 103,000 cars were churned out in 2017. The number is same as the cars produced by Toyota every week. He has at intervals collaborated SpaceX with Tesla, but this trial and error approach seems to be too much time-consuming. 

SpaceX though proved to be revolutionary, the company defying precious norms of Space industry used re-usable boosters, metal tubes etc. reducing the cost and making space exploration more affordable. SpaceX has proved to be a success as there is no mass production of rockets. With Tesla, the