How much does it cost to start your own space company?
Table of Contents
How much does it cost to start your own space company?
Startup Costs
| Min Startup Costs | Max Startup Costs | |
|---|---|---|
| Inventory Expenses | $0 | $5,000 |
| Business Formation Fees | $600 | $5,400 |
| Office Space Expenses | $0 | $7,000 |
| Vehicle Expenses | $2 | $10,004 |
How much it cost to make a rocket?
By early 2016, the US Air Force had committed US$201 million of funding for Vulcan development. ULA has not “put a firm price tag on [the total cost of Vulcan development but ULA CEO Tory Bruno has] said new rockets typically cost $2 billion, including $1 billion for the main engine”.
How much money has been invested in space startups?
According to data from consulting firm Bryce Space and Technology, between 2012 and 2016—the most recent years available and roughly concurrent with SpaceX’s largest commercial successes to date—approximately $7.6 billion was invested in space startups. By comparison, only $1.1 billion was invested between 2000 and 2005.
How much does it cost to launch a rocket?
So it’s going to cost you $390 million to get to launch your first rocket. Sadly, that’s not enough to make you profitable – but SpaceX brought in modest amounts of venture capital (I think $20 million in 2008) which kept their staff working while they got business.
Why are smaller space startups so important?
These smaller and medium-size firms are playing an increasingly crucial role in the space-industrial ecosystem. NASA’s transition to working with private partners like SpaceX, sharply declining costs for rocket launches, and the growth of the do-it-yourself satellite movement mean that it’s easier than ever for space startups to get started.
How much would it cost to run NASA for 200 people?
It’s a good industry rule-of-thumb that (typically) the cost of an employee is about twice what you pay them (because of taxes, office space, benefits, utility bills, computers, etc) – then we’d arrive at 200 people x 6 years x $300,000 = $360 million…so it’s likely that NASA’s $390 million number can’t be far off.