SpaceX raises launch prices
Capitalism in space: Though most of the press has focused on the Starlink announcement on March 22nd that it was raising its subscriber rates, that same day SpaceX announced that it too was raising its prices, increasing its launch fees by 8% to 10%.
The starting prices for a Falcon 9 or Falcon Heavy rocket will each increase by about 8%. A Falcon 9 launch will cost $67 million, up from $62 million, and a Falcon Heavy launch will now run $97 million, up from $90 million. A footnote on SpaceX’s pricing page notes that “missions purchased in 2022 but flown beyond 2023 may be subject to additional adjustments due to inflation.”
..The company also adjusted its prices for its small satellite rideshare program. Those flights will now start at $1.1 million to fly a payload weighing 200 kilograms to a sun-synchronous orbit, up from a base price of $1 million. SpaceX increased the cost of additional payload mass by 10% as well and will now charge $5,500 per extra kilogram, up from a previous $5,000 per kilogram.
As with the Starlink announcement, SpaceX officials stated that the price increase was due entirely by inflation.
The irony here is that SpaceX could easily raise its rocket prices by 20%, and still be undercutting its entire competition. Even with these increases it is still by far the cheapest game in town.
Nonetheless, when it comes to inflation we have only just begun. The consequences of the Ukraine war, the sanctions against Russia, the Biden administration’s restrictions on domestic oil production, and the various COVID regulations restricting commerce are all still in effect, and are all putting pressure on supply. Prices will continue to rise.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Capitalism in space: Though most of the press has focused on the Starlink announcement on March 22nd that it was raising its subscriber rates, that same day SpaceX announced that it too was raising its prices, increasing its launch fees by 8% to 10%.
The starting prices for a Falcon 9 or Falcon Heavy rocket will each increase by about 8%. A Falcon 9 launch will cost $67 million, up from $62 million, and a Falcon Heavy launch will now run $97 million, up from $90 million. A footnote on SpaceX’s pricing page notes that “missions purchased in 2022 but flown beyond 2023 may be subject to additional adjustments due to inflation.”
..The company also adjusted its prices for its small satellite rideshare program. Those flights will now start at $1.1 million to fly a payload weighing 200 kilograms to a sun-synchronous orbit, up from a base price of $1 million. SpaceX increased the cost of additional payload mass by 10% as well and will now charge $5,500 per extra kilogram, up from a previous $5,000 per kilogram.
As with the Starlink announcement, SpaceX officials stated that the price increase was due entirely by inflation.
The irony here is that SpaceX could easily raise its rocket prices by 20%, and still be undercutting its entire competition. Even with these increases it is still by far the cheapest game in town.
Nonetheless, when it comes to inflation we have only just begun. The consequences of the Ukraine war, the sanctions against Russia, the Biden administration’s restrictions on domestic oil production, and the various COVID regulations restricting commerce are all still in effect, and are all putting pressure on supply. Prices will continue to rise.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Also the U.S. government printing more money.
Tomorrow is punt day. Will the FAA punt the SpaceX Boca Chica decision to the right one more month, tell SpaceX to start the full Environmental Assessment or small chance, tell SpaceX get on with it.
With the Russians out of the game, it’s a sellers’ market
Didn’t Elon Musk tell us over many years that he wants to lower the starting prices (per ton) first to 1/10 and later to 1/100 of today’s prices?
Questioner, was that cost or price? SpaceX’s internal cost could be 1/10th that of the competition and they are using the profit to get the cost to 1/100th level.
In any case, lowering the cost by 1/2 to 1/3 is a good start.
This might be a bone Elon threw to the competition…until Starship.
More likely this reflects inflation, and where Elon, as a smart business man, is adjusting based on his assessment of how bad it is going to get.
Inflation drives up all prices, because it increases cost of manufacture, not because the companies are trying to gouge consumers, as lefties would have you believe.
nah …. Putin did it !