Elon Musk, SpaceX CEO, recently claimed that the company’s Starship rockets can be sent into orbit at 1% of NASA’s cost.
He was talking at a pitch event organized by the US Air Force for startups and businesses involved in innovative space technology.
“If you consider operational costs, maybe it’ll be like $2 million,” said Musk during a talk at the event.” This is much less than even a tiny rocket,” Musk added. “So, it’s something that needs to be made. The cost of propellant to launch it off the Earth is estimated to cost $900,000.”
On the other hand, NASA averages $152 million per launch, which puts SpaceX’s cost at nearly 1.28% of its cost.
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