CEO Elon Musk announced Friday that SpaceX is going all-in for interplanetary commuting to Mars by developing its next-generation rocket, called BFR (short for Big F***king Rocket).
Breitbart News recently reported that the ability of SpaceX to reliably launch, recover and reuse its Falcon 9 fist-stage booster rockets had radically disrupted the market for satellite launches, servicing the International Space Station, and lunching commercial development of space. SpaceX President Gwynne Shotwell estimates that after $1 million in refueling and $3 million in refurbishment, the company’s reusable booster has slashed the standard space launch price from $60 million to $40 million — a one-third savings.
Musk has stated that SpaceX’s future is the BFR, which can lift 660,000 lbs. of cargo into space, or about 12 times as much as the Falcon 9. SpaceX has a Falcon 9 Heavy version ready to fly next year that can lift twice its current payload. But Musk stated that the company will go all-in to fund BFR’s $10 billion estimated cost. – READ MORE
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