Lee Billings, space and physics editor for Scientific American, discusses the financials behind the Falcon Heavy. SpaceX successfully launched the rocket from Kennedy Space Center earlier this week. Billings explains a Falcon Heavy rocket will be surprisingly cheap to purchase, with a price tag of around $90 million. That's less than 20% what the Delta IV Heavy rocket cost. Part of the reason it's supposed to be so cheap is that it will be largely reusable. SpaceX says there's no decrease in quality with a rocket that has been used before.

Share:
More In Business
Housing Market Reports Are Here: April Insights and Economic Impact
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
Why The GOP Wants To Stop The Cellular Agricultural Revolution
Author of 'Clean Meat,' Paul Shapiro joins Cheddar to discuss how the cellular agricultural revolution helps lower rates of foodborne illness and greatly improves environmental sustainability. Plus, how his company The Better Meat Co. is bringing healthier food options to the table.
Load More