The design changing and the development _failing to meet its stated deadlines_ is not a good argument for the system never working. Especially given we know the deadlines were unrealistic to begin with, yet significant milestones have been achieved in (deadline-ignoring) impressive time frame - like landing a second stage rocket from orbit within 8 years of development (by a private company, not a national effort).
Not paying off isn’t the same thing as never working.
Opportunity cost is a real thing. The obvious alternative buying stock (or handling out dividends to investors who buy stocks) would have created a new revenue stream larger than a working starship in 2027 represents.
Thus even if nothing else fails, the project was a poor investment. The market just isn’t big enough that making launch cheaper would be worth it at this point, profits might grow in the future but the deficit keeps growing in the meantime.
Opportunity cost is a real thing. The obvious alternative buying stock (or handling out dividends to investors who buy stocks) would have created a new revenue stream larger than a working starship in 2027 represents.
Thus even if nothing else fails, the project was a poor investment. The market just isn’t big enough that making launch cheaper would be worth it at this point, profits might grow in the future but the deficit keeps growing in the meantime.