Last night, on the fourth attempt, Space-X's Falcon 1 two stage rocket performed perfectly, delivering a mock satellite to its planned orbit. The next Falcon 1 launch is set for early 2009, and will carry paying customers.
Falcon 1 launches will initially cost about $8 million dollars each, though that could come down with time, and development cosrs for Falcon 1 have been about $100 million. So, If Space-X can put a string of successful commercial flights together, it could become a profitable company fairly quickly.
If that happens, the NewSpace industry might be on the road to maturity.
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