> The market that they're aiming for is only a few launches a year'
In 1958, the chairman of IBM stated 'I think there is a world market for about five computers'.
He wasn't wrong, because back then computers were extraordinarily expensive and occupied entire buildings. There was maybe a worldwide market of about 5 of those kinds of computers.
What happened though was that due to technological advances, computers became cheaper, smaller, more efficient and more reliable and it drastically changed the entire market, and now almost everyone has a computer in their pocket.
The market for rocket launches will also significantly take off if SpaceX can bring the cost down and the reliability up.
In 1958, the chairman of IBM stated 'I think there is a world market for about five computers'.
He wasn't wrong, because back then computers were extraordinarily expensive and occupied entire buildings. There was maybe a worldwide market of about 5 of those kinds of computers.
What happened though was that due to technological advances, computers became cheaper, smaller, more efficient and more reliable and it drastically changed the entire market, and now almost everyone has a computer in their pocket.
The market for rocket launches will also significantly take off if SpaceX can bring the cost down and the reliability up.