TweakTown
Tech content trusted by users in North America and around the world
5,671 Reviews & Articles | 36,049 News Posts

SpaceX has "essentially no patents", main competition is China

SpaceX doesn't really hold patents, figures if they did, China would just copy them anyway

| Business, Financial & Legal News | Posted: Nov 12, 2012 4:43 am

On one side of the fence, I like patents - it protects important intellectual property - but on the other hand, it can really hold back essential building blocks for our future.

 

TweakTown image news/2/6/26679_04_spacex_has_essentially_no_patents_main_competition_is_china.jpg

 

Well, one would think that the space venture from entrepreneur Elon Musk, SpaceX, would hold tonnes of patents. The answer is a flat 'no'. During an interview with Chris Anderson at Wired, Musk was quoted:

 

We have essentially no patents in SpaceX. Our primary long-term competition is in China. If we published patents, it would be farcical, because the Chinese would just use them as a recipe book.

 

We might see SpaceX adopt patents in the future, but for now they're just holding their special eleven herbs and spices as trade secrets.

NEWS SOURCE
Businessinsider.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

Latest Downloads

View More Latest Downloads

TweakTown Web Poll

Question: Did EA kill the Battlefield franchise with the terrible BF4 issues?

Yes, Battlefield is doomed

No, Battlefield will live on strong

I'm not sure, but I know EA needs to improve its game

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Get TweakTown updates via Facebook!
Just click the "Like" button below