Elon Musk's space behemoth is playing a completely different game. I have been talking to the engineers off-the-record, and the truth about their recent launch cadence will make you rethink the entire space economy.
We were promised a revolution of cheap tickets to Mars and orbital factories. What we got is a traffic jam of billionaires burning cash to launch their own wi-fi routers. Welcome to the era of over-capacity.
While the world applauds the mechanical ballet of the latest Super Heavy catch, a quieter, colder reality is settling in orbit. The 'triumph of humanity' looks increasingly like the triumph of a single corporate boardroom.
