Proactive 7/7/2023
The orbital-launch business centers on Elon Musk’s SpaceX; everyone else is in orbit around it, Fast Company opined last year.
That key centrality has since flourished into total world dominance of the rocket-launch market. Musk’s private company SpaceX now has a “de facto” monopoly on rocket launches, said the Wall Street Journal.
SpaceX’s rockets powered 66% of customer flights from American launch sites in 2022 and handled 88% in the first six months of this year, WSJ reported citing launch data compiled by Jonathan McDowell, an astrophysicist who tracks space activity.
Back in 2021, Hawthorne, California-based SpaceX sent 31 partially reusable Falcon 9 rockets to orbit, more than all other US launch operators combined. That dominance is set to continue.
More:
https://www.proactiveinvestors.com/companies/news/1020129/elon-musk-s-spacex-has-virtual-monopoly-on-rocket-launch-business-1020129.html
