And that was going from absolutely nothing - having never even put a man in orbit, to putting a man on the Moon, all in 8 years.
The SLS, which is NASA's latest ship - being developed by Boeing/Lockheed, started 13 years ago and has, so far, cost more than $30 billion (the costs listed on Wiki are 5 years outdated). [2] If/when it is ever completed, its ideal goal will be to carry ~2x as much as a Falcon Heavy, at a launch cost about of well over 20x as much.
[1] - https://en.wikipedia.org/wiki/Falcon_Heavy#Conception_and_fu...
We'd have gotten on this path sooner and the waste that is SLS wouldn't have existed, if Congress+MIC hadn't intentionally misaligned incentives to suppress progress in favor of profit for decades.
[1] - https://en.wikipedia.org/wiki/Smart_Lander_for_Investigating...
| Project name | Total development cost(projected) | Total development cost(as of Jan, Reiwa 5) | Planned launch fiscal year | Project phase | State of Project (total dev. cost, launch FY changes, etc.) | References |
| Small Lunar Lander Proving Craft(SLIM) | 180 oku-yen(~$121m) | 149 oku-yen(~$100.7m) | FY Reiwa 5 (FY2023) | Phase D (Production/testing phase) (snip) | March, Heisei 28: Project migration review at JAXA (...snip...) March, Heisei 30: At JAXA, changes of plan due to change in launch vehicle(Epsilon -> H-IIA rideshare), as well as change in launch dates. Incorporating the results, adjusted total development cost. (180 oku-yen -> 149 oku-yen) (...snip...) | (snip) |
There are few more media sources[2][3] that state 149 oku-yen[4] figure covers "part of the launch and initial operation". One of such articles[3] estimates Epsilon launch cost as 50 oku-yen or ~$35m, and theorizes change to H-IIA to be intending to save launch cost. Not sure if there are readily available English source, sorry for that - very few of us think in English and these deep topics rarely have English coverage.
1: https://www.jaxa.jp/about/transition/index_j.html
3: https://moonstation.jp/blog/lunarexp/slim/slim-launche-to-be...
4: 1 oku means 0.1 billion, 1 USD is ~150 yen, so 1 oku-yen is ~0.75 million dollar
Which seems insane by modern standards, Mercury however wasn’t quite that efficient, manpower costs for example have risen faster than inflation. Which makes a huge difference for non automated tasks like building novel spacecraft.
Similarly a barrel of oil in 1969 was $3.09 or 25$ today vs the actual price of 82$ today.
As for oil, its price is largely driven by geopolitics, not inflation. In April 2020 prices were all the way down to below $20 a barrel. [2]
Also, those missions needed a capsule not just the rocket and more importantly a great deal of R&D.
PS: April 2020 prices were due to drastic decreases in demand due to the pandemic not politics. Many current oil ‘wells’ ie oil sands lose money at even 60$/barrel therefore the market price needs to be higher than that or supply is reduced.
Put another way, these guys were being treated like a glorified version of Laika [2], and they knew it. It was all about achieving the mission goal as quickly and cheaply as possible. Everything else was secondary. This sort of stuff wouldn't pass muster in a million years in modern times, which again gets back to the original topic.
[1] - https://en.wikipedia.org/wiki/Project_Mercury#Pilot_accommod...