The US Govt gave up, the Russian Govt took it, and the US Private Sector took it back

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spacex_boosterlandingAnd another Blogline of the Day (ok, a slap at the Democrats and NeverTrumpers at the end). OK, so the private sector, a la Elon Musk, did it by getting paid a lot by the US government.  But Musk’s SpaceX cut their costs dramatically with a radically new idea:

In the past, Russian space officials have talked tough about competing with SpaceX in providing low-cost, reliable service to low-Earth and geostationary orbit. For example, the Russian rocket corporation, Energia, has fast-tracked development of a new medium-class launch vehicle that it is calling Soyuz-5 to challenge SpaceX.

On Tuesday, however, Russia’s chief spaceflight official, Deputy Prime Minister Dmitry Rogozin, made a remarkable comment about that country’s competition with SpaceX.

“The share of launch vehicles is as small as 4 percent of the overall market of space services,” Rogozin said in an interview with a Russian television station. “The 4 percent stake isn’t worth the effort to try to elbow Musk and China aside. Payloads manufacturing is where good money can be made.”

According to an independent analysis, the global launch market is worth about $5.5 billion annually. Losing its half-share of this market, therefore, has probably cost the Russians about $2 billion, which is a significant fraction of its non-military aerospace budget.

And the literary coup d’grace:

An American President in cahoots with the Kremlin would probably find some regulatory justification to prevent SpaceX from stealing business from Russia.

Yeah, saving lots of money by reusing their rockets.  After all, it’s THEIR money they have to spend once its in their hands.

(H/T: Instapundit)

Author

  • Skip

    Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom and how the Government is taking that away. As an evangelical Christian and Conservative with small "L" libertarian leanings, my fight is with Progressives forcing a collectivized, secular humanistic future upon us. As a TEA Party activist, citizen journalist, and pundit!, my goal is to use the New Media to advance the radical notions of America's Founders back into our culture.

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