SpaceX CEO Backs Elon Musk’s Company Amidst Undercutting Claims, Says It’s Not Operating at a Loss

Jared Isaacman, CEO of Shift4 Payments and a SpaceX customer, has defended the company against allegations that it is undercutting its competitors to secure launch contracts. Isaacman, who spearheaded the Polaris program, emphasized that SpaceX’s reusability and scale significantly lower costs per launch. He argues that any price increase would create opportunities for rivals, mirroring SpaceX’s own past success in taking over the market from United Launch Alliance. The statement comes after SpaceX was awarded a $733.6 million contract from the U.S. SpaceForce over its competitors.

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