A successful flight test of the Falcon 9 v1.1 rocket on Sunday demonstrated booster-return capability on a flight to orbit. The technology could enable reusable orbital launch vehicles as early as February. Recovering booster rockets intact and refurbishing them for subsequent flights is a big deal, since, as Musk said in the call, three-quarters of the cost of an Falcon 9 rocket covers the first stage. Recovering most of that initial investment could dramatically lower the cost of going to space. (SpaceX's published price for a Falcon 9 launch is $54 million.) |