4min chapter

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#13 Elon Musk and Why SpaceX Will Colonize Mars

Founders

CHAPTER

Why Are Costs in the Space Industry Still High?

Elon Musk is trying to answer the question, why are costs in the space industry still high? He says there's a tremendous bias against taking risks. Even if better technology is available, they're still using legacy components that were developed in the 1960s. SpaceX is tightly controlled in-house supply chain and cutting edge technology has made it the world's cheapest option for space delivery.

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