"The most important aspect for us is the team. Remember, the PayPal founders didn’t have banking experience… Elon has put over $100 million of his own money into this company, and developed both the Kestrel and Merlin engines – which are the first new rocket engines developed in the U.S. in a very long time. When we did due diligence, we wanted to speak with other investors of successful new rockets, but they were all dead."
