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Russia’s loss of billions of dollars on rocket business to SpaceX & Elon Musk…
Huge thanks to:
Everyday Astronaut:
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The Soviet Union was the original space superpower. For decades it and then Russia led the world in key technologies for operating beyond the Earth.
For now, space lore remains powerful, but Russian space is not as glorious as before!
This country is making shameful setbacks in a field it once dominated by “rotting from within.”
That’s all???
No!!!
There’s a worse thing than that.
Russia is completely humiliated by a US private space company!
A private company competes with an entire nation.
More surprisingly, it won.
It’s unbelievable but it’s true!!!
Russia lost of billions of dollars in rocket business to Elon Musk’s SpaceX.
How did SpaceX do that?
All this and more in today’s episode of Great SpaceX!
Let’s start at the beginning with the ISS race, the first time Russia’s loss of rocket launch business became SpaceX’s gain!
Since the Space Shuttle was retired in July 2011, America was forced to depend on Russia to ensure the presence of Americans in space.
As of April 2020, a total of 38 Americans have flown on 35 launches – one of which two years ago nearly ended in disaster, but which otherwise have been successful.
Notably, Russian space launches themselves aren’t cheap. NASA has bought flights for its astronauts on Soyuz at a cost of $86 million per seat.
In total, America has to pay Russia up to around $4 billion, an expensive amount to ensure continued American human spaceflight.
However, the May 2020 flight of SpaceX’s Crew Dragon ended this Russian gain.
The successful Demo-2 mission returned spaceflight to U.S. soil, for a considerably lower cost, just $55 million per seat.
As a result, the Russian industry lost billions of dollars in the rocket launch business to Elon Musk and SpaceX.
However, this is not the worst!
Russia’s loss of billions of dollars on rocket business to SpaceX & Elon Musk…
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