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Sun Apr 17, 2016, 02:01 PM

How Profitable Is SpaceX? How Much More Profitable Will It Become?

Space math

Yesterday, we discussed the Falcon 9 relanding (and how SpaceX will follow up on it) in some depth. We covered SpaceX's history of failed landings, culminating in last week's success, and what SpaceX plans to do next to build on its success and make reusable rocket launches routine. Today, we're going to delve even further into the details of what this accomplishment will mean for SpaceX as a company, and what it will mean for companies like Boeing (NYSE:BA) and Lockheed Martin (NYSE:LMT), which must compete against that company.

So let's begin at the beginning. According to SpaceX's published list of launch prices...

...an average Falcon 9 launch currently costs $61.2 million. (The new Falcon Heavy, which will make its maiden voyage later this year, will cost a bit more.) That's already half the best price that Boeing and Lockheed Martin charge for a launch over at United Launch Alliance. It's cheaper, too, than the $77 million that Airbus' (NASDAQOTH:EADSY) joint venture Airbus Safran Launchers will charge for its new Ariane 6 rocket.

Already, SpaceX is a formidable competitor, and one its foes will be hard-pressed to beat on price.

The transition period
Beating SpaceX on price, a job that already looks mathematically impossible, will get harder in a month or two, when SpaceX plans to relaunch its recovered Falcon 9 rocket on a second mission to space. According to SpaceX COO Gwynne Shotwell, SpaceX could offer as much as a 30% discount on a mission utilizing the pre-owned rocket. This would cut the price tag to perhaps $40 million (thus undercutting Airbusand Ariane by nearly 50%).

http://www.fool.com/investing/general/2016/04/17/how-profitable-is-spacex-how-much-more-profitable.aspx?source=yahoo-2&utm_campaign=article&utm_medium=feed&utm_source=yahoo-2

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Reply How Profitable Is SpaceX? How Much More Profitable Will It Become? (Original post)
Calista241 Apr 2016 OP
rafeh1 Apr 2016 #1

Response to Calista241 (Original post)

Sun Apr 17, 2016, 03:40 PM

1. Spacex is profitable

In California paying california labor and california regulations. Opposite of every lie right wing whiner losers state about California.

Ask the republicans how spacex is making money in California. They think only if california has mwxico labor rates and mexico regulations that will be good for business.

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