Site icon The Space Channel

How SpaceX Is Dealing With The Cost of Starship Development

How SpaceX Is Dealing With The Cost of Starship Development
How SpaceX Is Dealing With The Cost of Starship Development

Space X News

While Starship is expected to be one of the most affordable launch options in the future, its current development is far from cheap. Between thousands of employees, frequent testing, materials, massive infrastructure projects, etc., Starbase requires a constant stream of funding. This begs the question of how can SpaceX afford this and what does the company’s finances look like. Not long ago reports came out showcasing SpaceX’s revenue and expenses over the last few years. This gives us a much better idea of the cost of Starship and how the company can keep innovating in Texas. It even revealed that for the first time in a few years, the company managed to turn a profit. This is all extremely relevant to SpaceX’s goal and the future of some of these different programs. At the end of the day, companies can only burn so much money on certain projects before they need to see a return. On the other hand, SpaceX has been developing Starship at a fast pace and plans to have an operational launch vehicle in the not-too-distant future. Here I will go more in-depth into the costs of developing Starship, the greater finances of the company, SpaceX finally making money, and more.

Credit Space Bucket

Exit mobile version