meta_pixel
Tapesearch Logo
Log in
On Point with Meghna Chakrabarti

How private companies are influencing the new space race

On Point with Meghna Chakrabarti

WBUR

Talk Show, Daily News, News, Npr, On Point, Daily

4.23.5K Ratings

🗓️ 25 September 2025

⏱️ 50 minutes

🧾️ Download transcript

Summary

From leased property to defense contracts, private space companies have become fully intertwined with public infrastructure. But not everyone’s sold on how intertwined these systems have become.

Transcript

Click on a timestamp to play from that location

0:00.0

Support for WBUR comes from MathWorks, creator of MATLAB and Simulink software for technical computing and model-based design.

0:09.0

MathWorks, accelerating the pace of discovery in engineering and science. Learn more at Mathworks.com.

0:16.3

Hi, this is Ava from Vanta. In today's digital world, compliance regulations are changing constantly,

0:23.3

and earning customer trust has never mattered more. Vanta helps companies get compliant fast and stay

0:29.1

secure, with the most advanced AI automation and continuous monitoring out there. So whether you're

0:34.1

a startup going for your first SOC 2 or ISO-27,00, or a growing enterprise managing vendor risk, Banta makes it quick, easy and scalable.

0:42.7

And I'm not to say that because I work here. Get started today at banta.com.

0:48.2

WBUR Podcasts, Boston.

0:56.4

This is on point. I'm Megna Chakrabardi.

0:59.6

In 2008, a fledgling space company was working to get its first rocket off the ground.

1:06.2

The first launch attempt made in 2006, so a couple years before 2008, well, that first attempt

1:12.3

failed. A fuel leak led to the rocket being engulfed by a giant fireball in the sky. The second

1:20.3

and third attempts made it past the first stage of flight, but then came the separation phase,

1:25.8

and the rocket failed, never reaching orbit.

1:29.2

The company's top engineer referred to the anomaly as a rud, or rapid, unscheduled, disassembly.

1:37.1

The engineer's obfuscation of simpler terms that he could have used, such as catastrophe, explosion, or total failure of the second stage engine.

1:46.0

So after three unsuccessful attempts to reach orbit, the company was hemorrhaging money and on the verge of bankruptcy.

1:54.3

It almost went out of business.

1:56.7

But they did manage one successful launch.

1:59.6

And then came a savior in the form of you, the American taxpayer,

2:05.7

via the federal government, and a $1.6 billion NASA cargo contract.

2:11.6

Well, that company is now worth more than $400 billion.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from WBUR, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of WBUR and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.