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Evolution of Rocket Pricing and SpaceX's Impact
Rocket pricing has seen a significant decrease over the years, with SpaceX leading the way in driving prices down. Previously, companies would have to pay around $300 million for a rocket launch, but SpaceX offers a similar service for only about $60 million. Additionally, SpaceX introduced a new model allowing customers to buy space on a rocket for smaller satellites, which were not possible before when satellites were larger and costlier. This innovative approach, like the SpaceX ride share program, has revolutionized the industry, making space more accessible and affordable for a wider range of customers.