Russian executive acknowledges SpaceX is beating them

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The competition heats up: The chief executive of one of Russia’s largest aerospace centers admitted during a television appearance on Friday that their country is losing market share to SpaceX.

“The commercial launch market has changed over the past few years. New players have emerged, for example the American company SpaceX. Few people believed that a commercial project would be able to break into the market and create a competitive product, create a carrier [rocket] that’s competitive in terms of price and quality. But this has happened and we have to reckon with it,” he said. “It’s true that we have reduced our presence in the commercial launch market in recent years.

The irony here is that all of the decisions by Putin and the Russian government since SpaceX’s arrival — most especially the decision to consolidate the entire aerospace industry into a single corporation controlled by the government — have actually worked to limit Russia’s ability to compete.

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