The Briefing Room

General Category => Science, Technology and Knowledge => Space => Topic started by: Elderberry on July 07, 2023, 06:01:24 pm

Title: Elon Musk’s SpaceX has virtual monopoly on rocket launch business
Post by: Elderberry on July 07, 2023, 06:01:24 pm
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 (https://www.proactiveinvestors.com/companies/news/1020129/elon-musk-s-spacex-has-virtual-monopoly-on-rocket-launch-business-1020129.html)