SpaceX Explains Why They Beat China on Cost

June 23, 2015 – 09:36 am

Why the US Can Beat China: The Facts About SpaceX Costs

"Whenever someone proposes to do something that has never been done before, there will always be skeptics. So when I started SpaceX, it was not surprising when people said we wouldn't succeed. But now that we've successfully proven Falcon 1, Falcon 9 and Dragon, there's been a steady stream of misinformation and doubt expressed about SpaceX's actual launch costs and prices. As noted last month by a Chinese government official, SpaceX currently has the best launch prices in the world and they don't believe they can beat them. This is a clear case of American innovation trumping lower overseas labor rates."

"Declining to speak for attribution, the Chinese officials say they find the published prices on the SpaceX website very low for the services offered, and concede they could not match them with the Long March series of launch vehicles even if it were possible for them to launch satellites with U.S. components in them."


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