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Re:SpaceX launch webcast: Orbcomm-2 Mission [video] by zaroth on Tuesday December 22, 2015 @12:34AM (#10776032)
In a single moment, SpaceX earns itself more than $50 million dollars, right? That's a big bonus for everyone who made this possible and some well earned time off, and then back to work changing the world!

So from what I've read, the returns are immense; the amount of learning they can do from examining their own rocket is the real initial treasure. Their rocket design should advance considerably based on this trove, and I suppose the source of many papers, publications, and public-sourced patents. Reusable rockets seems not quite a glorious enough term? There's a massive dividend any time this actually works, and imagining the future of this tech is joyous.

We can guess how much this will bring down the cost. How much will it bring down the price? Say it's just following the supply/demand curve to get more customers. If landing was reliable and the rockets were durable, what would it really take to scale? If you actually got 10 of these going full-duty. How close can you back-to-back launches? The scale of that operation in terms of engineers to manage the workload... The return-on-automation (in other words, software) is immense the first few billion dollars you spend on it. That means they need to hire a fuck-ton of very good developers. Cool!

But what if it's more of a binary market and the only new customers are only at a much lower price point? In that case it's just serving the existing market at much higher margin. I believe this will make space more accessible -- cost savings ultimately flow through.

BTW, one of the advantages of pledging your patents for free use is you can really show off the right way to write a patent. The whole point is forcing disclosure in return for a benefit, so now make that disclosure top-notch. In theory, what if patent applications were examined by the top-of-the-field peers and only real advancements in the field which were fully and properly documented by the patent would be granted? I hope not all software patents are evil. The "provisional patent" is an interesting form of self-publication at least, but it does create a pesky 1-year ticking clock.

As a talent/recruiting event this is pretty much about as good as it gets.

Re:SpaceX launch webcast: Orbcomm-2 Mission [video] by lutorm on Tuesday December 22, 2015 @03:25AM (#10776520)
I guess this would be a good place to point out that we are hiring! :-)

http://www.spacex.com/careers

Re:SpaceX launch webcast: Orbcomm-2 Mission [video] by sakian on Tuesday December 22, 2015 @09:14AM (#10777826)
Wish I could. As a Canadian though seems ITAR would block me.
Re:SpaceX launch webcast: Orbcomm-2 Mission [video] by hughes on Tuesday December 22, 2015 @11:10AM (#10778485)
Don't let it stop you from applying. It might stop them from hiring you, but let them decide that.

Seriously, if a position interests you, apply. There have been plenty of ITAR exceptions.

Re:SpaceX launch webcast: Orbcomm-2 Mission [video] by Praxilla on Tuesday December 22, 2015 @07:43AM (#10777386)
I don't see any spots open for a nurse! Phooey. :)
Re:SpaceX launch webcast: Orbcomm-2 Mission [video] by arcadeparade on Tuesday December 22, 2015 @08:33AM (#10777620)
Or a farmer. Guess I'll have to wait until Mars is ready for ploughing :)
Re:SpaceX launch webcast: Orbcomm-2 Mission [video] by jskonhovd on Tuesday December 22, 2015 @10:05AM (#10778092)
I'm pretty sure they have hired at least one farmer at their Texas site.

http://motherboard.vice.com/read/the-real-reason-spacex-is-h...

Re:SpaceX launch webcast: Orbcomm-2 Mission [video] by Praxilla on Tuesday December 22, 2015 @09:16AM (#10777836)
They're going to need both you (a farmer) and me (a nurse) on Mars, that's for sure buddy! :)
Re:SpaceX launch webcast: Orbcomm-2 Mission [video] by simonh on Tuesday December 22, 2015 @04:33AM (#10776699)
Technically they only earn the $50m when they use this stage to actually launch another mission. Even then, you'd have to subtract any discount offered to the purchaser of the second mission. I'm not in any way trying to detract from this stunning, tear-inducingly great achievement, but that's the reality.
Re:SpaceX launch webcast: Orbcomm-2 Mission [video] by ricardobeat on Tuesday December 22, 2015 @08:16AM (#10777545)
Why would they offer a discount? The rocket is not going to fly a second time unless it has the same reliability rating as the first.

They might end up offering lower cost launches, reducing the margin, but discounts on Nth-launches don't make sense.

Re:SpaceX launch webcast: Orbcomm-2 Mission [video] by bargl on Tuesday December 22, 2015 @09:29AM (#10777900)
It isn't just another launch, every future launch with this same rocket is now an experiment. It can't have the same reliability rating because a second launch hasn't been tested and these aren't freshly machined parts. Every piece in the rocket has experienced a level of wear and tear that previously launched rockets didn't have. Maybe it's exceeded the amount of cyclical stress it can handle? Who knows, but most satellite companies wouldn't pay the same for a re-used (never before been re-used) rocket as they would for a brand new rocket because of the increased risk. I would not be surprised if they did in fact give a discount to the payload of anyone who rides this same rocket. If they don't give a discount the only reason someone would purchase a spot on it is for the prestige.

Note: The never before been re-used part is probably the most important factor here. Once they have re-used rockets a few times they'll have a reliability factor for these situations.

Re:SpaceX launch webcast: Orbcomm-2 Mission [video] by fixermark on Tuesday December 22, 2015 @10:07AM (#10778109)
At this point, they have the functional monopoly advantage of being able to set prices where they want them (in terms of having an exclusive technology their competitors do not have; they have competition, but if they can really slash their costs by 50% they have the capacity to set their price ten bucks below the competitions' prices and win).

... but if I understand correctly, one of the points of the reusable rocketry experiment is to be able to lower the price point to allow new customers who couldn't afford to launch at the previous per-pound cost. To give a terrible but not inaccurate analogy: Think similarly to how the Nintendo Wii found itself in entirely new markets of game players by droppping a $200 console onto the market alongside competition that was nearly double that price-point.

Re:SpaceX launch webcast: Orbcomm-2 Mission [video] by simonh on Wednesday December 23, 2015 @12:39PM (#10784459)
Opening up space to new markets must be an essential component of their strategy. If they charged say 90% of the cost for non-reusable launches but their rockets were reusable, they would only need to manufacture a dozen or so vehicles, plus a few a year as replacements. To maintain economies if scale in their factory, they need to have a sustained production line and that means at even a steady pace, with high re usability they will soon be awash with rockets. They will have to bring prices down just to keep their fleet operating.
Re:SpaceX launch webcast: Orbcomm-2 Mission [video] by lmm on Tuesday December 22, 2015 @05:44AM (#10776931)
They have competition - elsewhere in the thread it sounds like ULA are planning to start reusing engines. They'll get a few years of pseudo-monopoly rent while they have the monopoly on reusing launchers, but ultimately rocket launches are going to be commoditised, just like every innovation.