Low costs, high hopes for SpaceX: SpaceX to delay launch, pleased with its place in competitive field
As NASA struggles to replace the aging space shuttle, commercial spacecraft builders like Musk are seen as major players in the launch business. Some 80 percent of the multi-billion dollar satellite launch business now goes to the Russians and Ukrainians, who have under-priced American companies, Musk said.
“That’s because the U.S. launch vehicles are not cost-competitive,” Musk said Wednesday. “That’s going to change with Falcon 9. There’s actually a pretty big launch market out there.”