Elon Musk Shows off the Dragon Capsule, Back From Space (Video)
Elon Musk appeared Wednesday at SpaceX's testing facility in McGregor, Texas — not far from Waco — along with NASA administrator Charles Bolden, to show off the recovered Dragon capsule that recently launched from Cape Canaveral to the ISS. He says the SpaceX Grasshopper reusable lift vehicle will start testing in a few months, and that once it's in service the cost of a flight to orbit may cost as little as 1/100 as much as it costs today. According to Musk, fuel is only a tiny part of what a space launch costs; boosters and other expensive items that currently only get used once are the main budget-busters. (Note that the Scaled Composites Space Ship Two also relies on a reusable first stage — and that theirs saves both fuel and wear & tear by using aerodynamic lift, AKA wings, for the first 50,000 feet.)
Not sure why TFS includes the comment about Spaceship Two having wings, since SS2 is not intended to reach orbit.
Nor is it intended to lead to an orbital vehicle.
"I do not agree with what you say, but I will defend to the death your right to say it"
Actually, what it sounds like is that the cost of hurling more space junk up there will go down by a factor of a hundred. For better or for worse, humanity doesn't seem to have it's act together yet for it to be cheap to drag more litter up into orbit.
Hmmm, back when I was in the rocket biz I seem to remember a several month long period where there was no way to orbit - our deltas were failing inexplicably, the Japanese vehicle wasn't ready, Arianespace lost a bird... it's all kind of fuzzy now.