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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 SOURCES:Businessinsider.com

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