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I don't think John Carmack is doing what he does for the money at this stage..

That said, he did say during his Quakecon keynote that he needs more "crazy money" to put into Armadillo Aerospace, so perhaps this is his play for that funding..

I don't think it is. From what I understand, John Carmack has decided to put all developments with Armadillo Aerospace on hold, until he can get more investors (besides himself) to support this company.

He's already an investor with a considerable equity stake.

as much as he wants.