The Space Review is up (a little late–it’s usually available first thing Monday morning, but Jeff is probably recovering from his trip to New Mexico), and it has a couple interesting articles. The first one describes the benefits of amateur efforts toward space settlement. The second one is a relook at the economics of O”Neill’s Island One space habitat. It’s nonsensical, because the author doesn’t understand much about the economics of space launch. Let’s start with this:
O’Neill’s expectations about launch costs (like those of other 1970s-era prophets of space development) proved to be highly optimistic, even given the disagreement about how these are to be calculated. A $10,000 a pound ($22,000 per kilogram) Earth-to-LEO price, almost twenty-five times the estimate O’Neill worked with, is considered the reasonable optimum now.
Considered so by whom? Not by ULA. Not by the Russians. Not by SpaceX. The only launch vehicle that has launch costs that high is the Shuttle, and that’s because it flies so seldom that its per-flight cost is on the order of a billion dollars. In a due-east launch, it can get close to sixty thousand pounds to LEO, and if it cost six hundred million per flight (as it did before Columbia, when the flight rate was higher), that would be about ten thousand bucks a pound. But to call this “optimum” is lunacy. Other existing launchers are going for a couple thousand a pound (the Russians are less based on price, but its not clear what their costs are, and if they’re making money). SpaceX is projecting its price for Falcon 9 to be about forty million, to deliver almost thirty thousand pounds to LEO, so that’s a little over a thousand per pound. And that’s without reusing any hardware.
But even these are hardly “optimum.” The true price drops will come from high flight rates of fully-reusable space transports, and there’s no physical reason that these couldn’t deliver payload for on the order of a hundred dollars per pound or less.
Of course we aren’t going to build HLVs for space colonies, as Gerry O’Neill proposed. If it happens, it will happen when the price does come down, as a result of other markets. But if the point is that Island One is unaffordable at current launch costs, it’s a trivial one–most intelligent observers realize that. But it’s ridiculous to think that lower launch costs can’t be achieved, or even that his stated number has any basis in reality.