A lot of discussion is focused on the technological aspects of establishing a lunar base, but there’s less conversation about the economic factors that will ultimately finance it.
Soon, we will see the establishment of a lunar outpost and the beginning the development of an off world lunar economy.
The growth of this economy will be driven initially by lunar tourism.
The sky, as they say, is not the limit. And the barrier of launch cost, formidable though it was, has begun to crumble, thanks to the pioneering efforts of SpaceX.
At the heart of this revolution is the Starship, a fully reusable spacecraft powered by the Raptor engine, a marvel of engineering that utilizes the full-flow staged combustion cycle. This innovation allows for a higher degree of efficiency, performance, and reusability, significantly reducing the cost of space travel.
In addition to the technological advancements, SpaceX has also pursued a strategy of vertical integration, wherein the company controls every aspect of the manufacturing process. This holistic approach allows for greater quality control, cost-effectiveness, and efficiency, further driving down the cost of launches.
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