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IPFS News Link • Space Travel and Exploration

World's Richest man cannot beat SpaceX

• Next Big Future

By the end of 2020, SpaceX should have 100 more commercial launches and by 2023 will have 200+ commercial launches and should be flying the SpaceX BFR.

SpaceX completed its 18 successful launches in 2017. SpaceX probably had $1.4 billion in revenues and rising levels of profitability.

SpaceX has had 7 paid launches in 2018 and the successful SpaceX heavy launch. SpaceX is targeting 30 launches in 2018 and several are Air Force and NASA launches which earn more money.

SpaceX is heading to over $2 billion per year in revenue.

SpaceX plans to launch a constellation of 4425 high bandwidth internet satellites by 2023. These satellites could be generation $30+ billion per year in revenue.

SpaceX revenue crushes a billion per year in Amazon stock funding Blue Origin

Jeff Bezos is funding Blue Origin with $1 billion per year in liquidated Amazon stock.

Blue Origin began work on the BE-4 rocket engine in 2011. ULA expected the first flight of the new launch vehicle—the Vulcan—no earlier than 2019. As of March 2018, Blue intends to complete engine qualification testing by late 2018, but no date for the first launch event has been recently stated by ULA. The New Glenn rocket is a 7-meter (23 ft)-diameter two- or three-stage orbital launch vehicle that is expected to launch prior to 2020.


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