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June 14, 2012 10:05 pm

Elon Musk Shows off the Dragon Capsule, Back From Space (Video)


Elon Musk appeared Wednesday at SpaceX's testing facility in McGregor, Texas — not far from Waco — along with NASA administrator Charles Bolden, to show off the recovered Dragon capsule that recently launched from Cape Canaveral to the ISS. He says the SpaceX Grasshopper reusable lift vehicle will start testing in a few months, and that once it's in service the cost of a flight to orbit may cost as little as 1/100 as much as it costs today. According to Musk, fuel is only a tiny part of what a space launch costs; boosters and other expensive items that currently only get used once are the main budget-busters. (Note that the Scaled Composites Space Ship Two also relies on a reusable first stage — and that theirs saves both fuel and wear & tear by using aerodynamic lift, AKA wings, for the first 50,000 feet.)

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