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Rocket launch costs have dropped 96% since 1960. How low can they go?

New economic data forecasts a significant decline in space launch costs by 2030, building on a 96 percent reduction since 1960.

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The brief

A newly published dataset tracking 4,400 rocket launches since 1960 indicates that the cost to place a kilogram into orbit has fallen by 96 percent. Current projections suggest a further decrease in space cargo launch costs of 50 percent by 2030, with some estimates citing a potential drop to $27 per kilogram. Coverage from Space Daily, Mobility Engineering Technology, and SingularityHub highlights the scale of this historical cost reduction.

Reporting from heise online adds perspective by drawing comparisons between the market influence of SpaceX and historical trade entities. These outlets emphasize that the dataset assembled by Cambridge economist Alessio Terzi and colleagues represents the largest collection of launch-cost information to date. Market watchers are focused on whether these cost-reduction trends will persist through 2030.

Coverage does not yet specify the technological developments required to reach the projected $27 per kilogram price point.

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Quick answers

How much have launch costs decreased since 1960?

Coverage indicates that launch costs have fallen by 96 percent since 1960.

What is the projected price per kilogram by 2030?

Projections suggest costs could fall to $27 per kilogram, down from $3,868 last year.

Who led the research on these launch costs?

The research was led by Cambridge economist Alessio Terzi and colleagues.

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