SpaceX has done an awesome job, but there's a ways to go before the system is confirmed as reliable with consistently reproducible performance.
(For what it's worth, I think they'll do it in time, but it may cost quite a bit more yet)
SpaceX has done an awesome job, but there's a ways to go before the system is confirmed as reliable with consistently reproducible performance.
(For what it's worth, I think they'll do it in time, but it may cost quite a bit more yet)
Satellite launch failures alone can cost in the hundreds of millions of dollars -- and that's not even touching the issue of revenue lost to the broadcast company who bought the thing (and waited 3-4 years to see it constructed and launched). Although awful regulation has played a role in preventing launch vehicles from becoming a truly commercial market, The Man hasn't been the only issue keeping launch costs high -- this stuff is hard!
Satellite costs are driven partially by launch costs. If launches are expensive, then satellites need to be highly reliable. If launches are cheap, then satellites need not be so reliable, and therefore can be cheaper.
Insurance averages out the costs of launch failures.
Dropping the costs of satellites improves the market and introduces the possibility of mass-production, further dropping the costs and further increasing demand, which further drops the costs through economies of scale, etc.
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We know what can happen, economically, because we have experience with mass-launchings in the form of the V2.http://www.google.com/search?q=v2+rocket+%2413000
A Rocket a Day Keeps the High Costs Away
Then, starting with the US$13000 marginal cost of a V2, we arrive at a cost of ...
One analogy in particular regarding V2 rockets, Nazis, and ignoring the use ... The recurring cost was $13000 a launch for those vehicles. ...
Mass production and cheap launches would be a sure-fire money-maker, right? That it hasn't happened in a half-century of western rocket technology should raise a bright red flag that something other than willpower or a global conspiracy is keeping it from happening.