Europe Just Lost Billions of Dollars in Rocket Business To SpaceX & Elon Musk…
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00:00: mockery from Europe
01:08: Ariane 6’s crisis
03:52: spaceX’s silent slap
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Europe Just Lost Billions of Dollars in Rocket Business To SpaceX & Elon Musk…
Eleven years ago, at the Singapore Satellite Industry Forum 2013, Richard Bowles, the Regional Sales Director for Southeast Asia at Arianespace, dismissed SpaceX, then a young company in the government-dominated space industry.
He described SpaceX as “mainly selling dreams” and limited their voice at the conference because he didn’t want to hear what he deemed unrealistic.
At that time, SpaceX had a vision of building reusable rockets and an ambitious goal of launching 100 times a year—a target that seemed impossible for any private or government organization in the industry. This ambition was mocked heavily, and SpaceX was dismissed as a dreamer that no one wanted to wake up.
Europe Just Lost Billions of Dollars in Rocket Business To SpaceX & Elon Musk…
Facing government organizations, major private companies, and startups in the industry, SpaceX calmly responded that they would let their actions speak for themselves.
Now, more than a decade after that conference, we look back and analyze the current situation to see how SpaceX has surpassed all expectations, delivering a silent but resounding slap to its critics.
Let’s assess the current state of Arianespace and SpaceX. Who is really asleep at the wheel?
Europe Just Lost Billions of Dollars in Rocket Business To SpaceX & Elon Musk…
Europe’s Ariane 6 project, with a development cost of $4.4 billion—more than 11 times the development cost of SpaceX’s Falcon 9—has become a symbol of delay and inefficiency. The development of Ariane 6 started in 2014, and nearly a decade later, this rocket has yet to launch, raising serious questions about its competitiveness.
These delays are extremely concerning. Previously, the European Commission had scheduled six Ariane 6 launches to send up precious Galileo satellites—two in 2017 and another four in 2020, each carrying two satellites. According to the plan, three of these missions were supposed to launch in 2023. Naturally, this didn’t happen. The first Galileo launch won’t occur until after the maiden flight of Ariane 6. And Ariane 6 still hasn’t made it.
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