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See how SpaceX has impacted costs throughout spaceflight history.

Findings

Additional insights we found via Visual Capitalist

  1. The cost of one SpaceX launch today is estimated to be 97% less than the price of a Russian Soyuz rocket in the 1960s, a price reduction providing access to many smaller manufacturers and transforming the industry.

  2. Before Elon Musk started SpaceX, he attempted to purchase ballistic missiles in Europe and Russia in hopes of launching a rocket carrying a plant or animal to Mars to spark global interest in colonizing the planet, but found them too expensive.

  3. Musk cut costs with SpaceX in part by implementing a vertically integrated supply chain—where materials are manufactured in-house—and by urging his team to test and simplify every manufacturing rule and process.

  4. The reusability of the company's two-stage Falcon 9 rocket has also revolutionized spaceflight economics.

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