Thursday, December 05, 2013

Let the Space Price War Begin - Businessweek

In other Elon Musk headlines...
"This latest launch is bad news for Russia, Europe, Boeing (BA), and Lockheed Martin (LMT). SES paid $55 million to SpaceX for the launch; rivals typically charge $100 million to $200 million. SpaceX has a backlog of about $4 billion worth of launches, many for commercial customers that it can now begin to serve.
Beyond proving its viability as a low-cost option for commercial spaceflight, SpaceX has again demonstrated that its technology appears sound. One more successful flight should open the way for the company to handle some of the military work that has gone to Boeing and Lockheed through their joint venture, United Launch Alliance."
Let the Space Price War Begin - Businessweek
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