See One Chart Shows How Much SpaceX Has Come to Dominate Rocket Launches
QUOTE:
SpaceX first achieved significant market share in 2013 with over 5 percent, back when Russia still dominated the launch market. SpaceX continued to grow and now the company projects 45 percent of global market share in 2017. Next year, SpaceX projects that it will be raking in an insane 60 percent or more of global market share for commercial launches.
"Prior to SpaceX entering the commercial space launch market with the Falcon 9 launch vehicle, the U.S. had effectively ceded this market to France and to Russia, and no U.S. company had launched a single commercial mission to GTO since 2009," Hughes said in his testimony. "SpaceX has brought this multi-billion dollar market back to the United States."
Indeed, back in 1998, the U.S. dominated global launches with 66 satellites launched that year. That number fell to zero by 2011. SpaceX was a massive part of bringing the U.S. back to launching satellites just a couple years later.
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Chart presented to the House Subcommittee on Space, Science and Technology by SpaceX vice president Tim Hughes
QUOTE:
SpaceX first achieved significant market share in 2013 with over 5 percent, back when Russia still dominated the launch market. SpaceX continued to grow and now the company projects 45 percent of global market share in 2017. Next year, SpaceX projects that it will be raking in an insane 60 percent or more of global market share for commercial launches.
"Prior to SpaceX entering the commercial space launch market with the Falcon 9 launch vehicle, the U.S. had effectively ceded this market to France and to Russia, and no U.S. company had launched a single commercial mission to GTO since 2009," Hughes said in his testimony. "SpaceX has brought this multi-billion dollar market back to the United States."
Indeed, back in 1998, the U.S. dominated global launches with 66 satellites launched that year. That number fell to zero by 2011. SpaceX was a massive part of bringing the U.S. back to launching satellites just a couple years later.
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Chart presented to the House Subcommittee on Space, Science and Technology by SpaceX vice president Tim Hughes