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News Link • Space Travel and Exploration

SpaceX Borrowing to Global Internet and BFR future

•, by brian wang

SpaceX is raising $500 million in a loan which will help fund the SpaceX BFR and the buildout of the Starlink satellite network.

The fully reusable SpaceX BFR will cost about $2 billion to 10 billion to develop.

SpaceX would need to have about 30 launches to reach $2 billion in revenue. Each Falcon Heavy launch or launches for NASA or the Air Force are higher value launches. Those launches are worth 2 or 3 times the value of a $65 million Falcon 9 launch.

SpaceX has two Falcon Heavy launches scheduled for 2019 and some NASA Dragon launches.

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