Space X has become THE launch company for most payloads, and is taking steps that ensure multiple revenue streams beyond launch. If I can work things out, would love to buy a share as a long-term investment. Wish I had been able to go to work for them at the start, as I would probably be a millionaire now instead of on a pension.
In the medium- to heavy-lift markets, Space X really doesn’t have any realistic competition. It will likely be at least a decade before Blue Origin becomes a serious competitor if it ever does. This is less about technology than the management choosing and driving the technology chosen. Let’s just say that in my opinion the management and management direction chosen means that innovation, much less rapid innovation, is not the top priority.
While there are some innovative space companies in the United States, one of the most innovative small launch companies is in New Zealand. Rocket Lab is doing interesting things and is moving from small-launch into medium launch capability. It also just has done a deal that could and should put them on a similar revenue source track to Space X. Go check out Stephen Green’s post at PJ Media on what is going on.
Remember: innovation comes in many forms, and not just in launch or other technology. Success is going to come from innovating multiple revenue streams to support both general operations and rapid innovation in propulsion, launch, and related technology.
Getting hit by lightning is not fun! It is thanks to your gifts and prayers that I am still going. If you would like to help me with seminary courses, pilgrimages, and more, feel free to hit the fundraiser at A New Life on GiveSendGo, use the options in the Tip Jar in the upper right, or drop me a line to discuss other methods. I’ve added Cash App ($CliffPow7) and Venmo (@Clifford-Powers-5). There is also the Amazon Wish List in the Bard’s Jar. Thank you.