Will lower cost rocket launches, announced by SpaceX, accelerate space exploration and development?
Today, Elon Musk, CEO of SpaceX unveiled final specifications and launch date for the Falcon Heave, the world's largest rocket.
When answering questions to reporters, he described his vision of producing rockets in a car-manufacturing like manner. Basically SpaceX is setting up a repeatable and efficient assembly of rockets. Elon believes that in the near future his company will produce and launch more rockets than the rest of the world combined.
The price of each rocket launch will be several times lower than existing launches from other organizations. His estimates are based on SpaceX extensive experience and production cost of existing Falcon 9 rocket. According to SpaceX, "Falcon Heavy at approximately $1,000 per pound to orbit, sets a new world record in affordable spaceflight."
Elon invisions that substantially lowering cost of sending equipment/people into space will lead to a new era of mankind in space exploration and space development.
What do you think are the possibilities with such a cheap space transportation system? Will commerical companies start to consider asteroid or Moon as a base for mining or tourist operations? Will we see space travel to become common place?