India and China to reduce launch costs


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Capitalism in space: In response to the announcement by Chinese officials that they aim to reduce their launch costs in order to attract more commercial business, Indian officials announced that they plan to do the same in order to compete.

Interestingly, the reduced price that China revealed, $5,000 per kilogram, remains about twice that of SpaceX’s estimate per kilogram price for a launch using a reused first stage.

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