Space Matter(s): SpaceX and Revolutionizing Spaceflight One Dollar at a Time

Space Matter(s) is a weekly column that delves into space science and the mechanics of spaceflight. From the latest discoveries in the universe around us to the fits and starts of rocket test flights, you’ll find analysis, discussion, and an eternal optimism about space and launching ourselves into the cosmos.
In 2008, SpaceX successfully launched its Falcon 1 rocket into space, signaling the beginning of the era of private spaceflight. Since then, the company has racked up milestone after milestone. In 2010, they became the first private company to successfully send a spacecraft (the Dragon capsule) into orbit and then recover it for reuse. And in 2012, Dragon became the first private spacecraft to dock with the International Space Station. It’s an impressive list of achievements, to be sure.
Image: Courtesy of SpaceX
The key to SpaceX’s success (besides the charismatic leadership of Elon Musk, which shouldn’t be discounted) is in its goal: to make spaceflight cheaper. Right now, if you wanted to launch something into space aboard the Falcon 9 rocket, it costs about $2,500 per pound. On the Falcon Heavy (a new rocket under development that would have much larger capacity—second only to the Saturn V that took us to the moon), Musk estimates that it will cost just $1,000 per pound. Now, this might seem like a lot of money, but for comparison’s sake, it took roughly $10,000 per pound to send anything up on the space shuttle. SpaceX’s prices are rock bottom, and it’s actually putting pressure on competitors to lower their prices as well. (Musk has gone on the record as saying that he thinks even $1,000 per pound is too expensive—and would like to eventually reach a price of $100 per pound).
SpaceX is also focusing on reusability to keep launch prices down. The space shuttles were reusable, but they were so fragile that they basically had to be stripped down and rebuilt between each flight—an expensive proposition. Capsules are more reliable and more hardy. Though Dragon hasn’t been reused yet (NASA’s contract calls for a new spacecraft for each mission), it will, and that will lower operating costs substantially for flights involving private companies.
Image: Courtesy of SpaceX