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Space X and the falling cost of going to space (updated)

In April 2023, SpaceX will be launching its new heavy-load rocket.  Fully re-usable the projected cost per launch will be around US$ 10 40 million.  ULA (which is now for sale from Boeing and Lockheed) cost per launch is US$ 4 billion -- that's 1400 times more than Space X -- it gets worse.  Space X's payload is 8 metric tons or nearly 40% more than ULA rockets.

Five years ago, Musk created the Boring company with the simple goal to reduce the cost of drilling tunnels by 10 fold.  The Boring Company's achievement:  reduced the cost from US$ 1 billion per Km to US$ 7 million per km (excluding stations).  

Some people say that it's terrible that Musk is so rich, but few people on earth have ever created so much value for the human species.  Taxing Musk's vast wealth (which he doesn't appear to use for any luxury -- although he apparently has nine children) would be a crime against humanity.

Moreover, he is continually innovating.


P.S. I was corrected that each launch cost os $10 million in consumables, but there's depreciation of the rockets, which are planned to be used at 100 times each (with major rebuild every 10 launch).  The cost of a booster for SpaceX is supposed to be about 30% lower than for ILA rockets.  However, this doesn't take into consideration the massive cost savings SpaceX has realized on the engines... in short SpaceX assumes a 100 launch to fully depreciate its rockets. 


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