said his space company’s enormous rocket should soon be able to reach orbits at significantly lower costs.
Starship should be able to reach orbits for less than $10 million a flight within two to three years, Mr. Musk said during a presentation Thursday at SpaceX’s southern Texas facility, where the company plans to launch the spacecraft. Starship is the biggest and most powerful rocket SpaceX has built to date. Mr. Musk said that Thursday’s presentation was the first company update on the rocket in almost two years.
SpaceX is a private company and doesn’t disclose financial information, such as revenue or costs. Mr. Musk said his cost estimate covered all of the company’s expenses to launch. Excluding fixed costs, the number could be even lower, he said. The more Starship launches, the lower the “fully considered cost per…
