SPACE LAUNCH SPARK : COST PRECIS

 

Will the Cost Of Launching Things Into Orbit Fall Further? : The cost of launching things into space has plunged over the past decade, a direct consequence of the development of reusable rockets by SpaceX, the rocket launch company founded by Elon Musk.

Its Falcon-9 rocket has a reusable booster stage, which can send a pay load on its way to orbit and then return to Earth, touching down either on land or on a drone ship.

Not throwing away the booster, which costs tens of millions of dollars, but instead reusing it up to 15 times, has slashed launch costs, and SpaceX now carries more toorbit than the rest of the world combined.

But launch costs could soon fall even further, if two new rockets make successful flights in 2024.

The first SpaceX's Starship, the largest rocket ever built, which is fully reusable and can carry as much as 150 tonnes into orbit, ten times more than Falcon 9.

But keep an eye, too, on Neutron, a new reusable rocket from Rocket Lab, a rival startup. It aims to be competitive on cost-per-kilogram basis with the Falcon 9, but for smaller payloads.

To open up new opportunities in space, what goes up must come down - in price.

The World Students Society thanks The Economist.