Reuters review of TX property records shows SpaceX & its contractors can be far slower to pay builders, suppliers than they are to break ground. Unpaid bills, finger-pting among contractors have led many construction-industry businesses to file liens against SpaceX properties in efforts to get compensated.
@GottaLaff
I worked at a Fortune 500 company’s production plant. At one point after a re-org, we were routinely missing chemicals or parts or supplies from the small local specialty businesses. Because some dumbass MBA in the finance and accounting squadron decided he could slip their payment terms to 90 days from 30. As a result techs would sit around waiting and bill overtime but first line managers were too meek to say anything up the chain. A whole quarter went with low production (1/2)
yields and higher than normal wages and then upper management investigated this “anomaly”. That nutjob MBA failed upwards and was given a promotion to another department and away from our division. But the goodwill with local suppliers was permanently destroyed. (2/2)
@jadugar63@GottaLaff
Friend was a contract systems consultant/programmer, and he hated dealign with Fortune 500 companies, because his 50K bills kept getting lost and accounting.
@kellyosullivan@GottaLaff
Yup. Looks like Musk is reading “Art of The Deal” and using that to make business decisions.
I thought SpaceX had a better leader in Gwynne Shotwell but it seems Musk still controls the puppet strings.
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