What Happened
SpaceX Launch Cadence And Cost Reduction Redefine Industry
SpaceX has launched more rockets in the past four years than the Soviet Union did during the entire Space Race, and the cost per kilogram to low Earth orbit has dropped about 95% since 2010. This has quietly rewritten the economics of every space program, enabling smaller, more numerous, and disposable satellites. The company’s launch cadence and cost reduction have redefined the industry, with significant implications for the future of space exploration. According to Space Daily, the new economics have changed what the space industry is capable of doing, with SpaceX handling approximately 60% of global commercial satellite launches and 95% of US launches.