Homework: Space X
Overview:
In this homework, you will review Case Study: SpaceX. This case describes Elon Musk's unique approach to strategy when creating SpaceX. Think about the types of strategies from chapters 5 and 6 that Elon Musk utilized.
Instructions:
You will need to review the case study in your textbook, then answer the following questions utilizing topics covered in previous chapters.
1. What were Elon Musk's motives for creating SpaceX? How do these motives influence the kinds of decisions he made in creating the firm?
2. Thinking about Musk's prior experiences, capabilities, and motives, what do you think are his strengths and weaknesses in creating SpaceX?
3. What did SpaceX do differently from other space companies?
4. Discuss whether you believe the incumbent space companies will adopt elements of SpaceX's model (be specific about which). Do you think the incumbents will survive? Do you believe Jeff Bezos's Blue Origin is a significant threat?
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.