Who will compete with SpaceX? A talk of Markets and Moats

There are people who ask "why aren't other companies competing with SpaceX?", and there are other people who say "Company X will compete with SpaceX in the near future". This video is my analysis of SpaceX from a competitive perspective, the same sort of analysis that I would do for any company that I wanted to invest in. The Daniel Pink video I reference is here:    • RSA ANIMATE: Drive: The surprising truth a...