Satellite 2022: SpaceX raises prices in wake of inflation and falls out with launch arranger Spaceflight

by | Mar 24, 2022 | Constellation, Finance, Seradata News, SpaceX

While SpaceX representatives were speaking at the Satellite 2022 conference, Washington DC on 22 March, the company was also telling customers that it was raising the price of some services to combat inflation. Most pertinent to those in the space industry is the increasing price of its launch vehicles. Its workhorse rocket, the Falcon 9, is now officially marketed for US$67 million, up from US$62 million previously. Similarly, the Falcon Heavy is now priced at US$97 million, up from US$90 million. Each of these rises amounts to about 8 per cent, as the company reports on its site “Pricing adjustments made in March 2022 to account for excessive levels of inflation”.

The rises are not limited to whole rockets: its smallsat rideshare programme has also been marked upwards. It now advertises the cost of launching 200 kg to sun-synchronous LEO as US$1.1 million. Additional kilograms will be charged at US$5,500 each. These values have been increased by 10 per cent from their previous levels of U$1 million for 200 kg and US$5,000/extra kg.

Even the space-adjacent market has been affected with a price rise for its Starlink satellite internet product. The new cost of a Starlink terminal is stated as US$599, up from US$499. However, those people who had already put a deposit down will only have to pay U$549. The monthly cost of the Starlink service has been increased by 11 per cent from US$99 to US$110.

Spaceflight split

In a move that surprised industry observers (and reportedly Spaceflight Inc execs), the SpaceX Rideshare Team has decided to “no longer be flying or working with Spaceflight Industries”. SpaceX has said that it will see out its currently manifest missions. A notice with this information was reportedly sent to companies that have utilised rideshare missions. SpaceX has declined to explain why it has taken this action, but observers suspect it may be related to an incident in December last year when a thruster on a new Spaceflight Sherpa OTV leaked fuel while undergoing integration for the Transporter-3 rideshare mission, which later flew in January.

About Seradata

Seradata produces the renowned Seradata database. Trusted by over 100 of the world’s leading Space organisations, Seradata is a fully queryable database used for market analysis, failure/risk assessment, spectrum analysis and space situational awareness (SSA).

For more information go to https://www.seradata.com/product/

Related Articles

Categories

Archives

Tags

nasaspacexecoreviewsissesaArianespacevideochinaFalcon 9v1.2FT Block 525virgin galacticULAfalcon 9evaRoscosmosspacewalkDGAaviation weekBlue OriginInternational Space StationaresIGTsoyuzRocket LabBeidouawardsStarlinkspaceAirbus DSboeingSatellite broadcastingrussiamoonOneWebISROCargo Return VehiclemarsblogresearchspaceshiptwojaxaorionmarsimpactdelayhyperbolaEutelsatdemocratrocketlunarhypertextobamagoogle lunar prizelaunchVegathales alenia spaceSESconstellationtourismbarack obamafiguresnorthspaceflightIntelsatnode 2fundedRaymond Lygo2009Lockheed MartinExpress MD-2Elon MuskAtlas Vromess2dassault aviationaviationLucy2008wk2sstlukradiosuborbitaltestmissiledocking portexplorationAriane 5 ECAVirgin OrbitinternetSLSLong March 2D/2ElectronNorthrop GrummanChina Manned Space Engineeringsts-122Ariane 5missile defensenewspapercotsgalileospace tourismflight2010Long March 4CspaceportExpress AMU 1buildspace stationaltairsoyuz 2-1aProton Minternational astronautical congressshuttlespace shuttleAriane 6scaled compositesIntelsat 23European Space AgencyLauncherOneCosmoshanleybudgetrulesnew yorkatvVietnamshenzhoucongressMojaveboldennew shepardLong March 2CInmarsatOrbital ATKcnesiaclunar landerGuiana Space CenterApollolawsUS Air ForceSpace Systems/LoralUK Space AgencyLong March 4BKuaizhou 1AkscILSprotondarpaTalulah RileyElectron KSFalcon 9v1.2 Block 5Vega CNorth KoreaeuSkylonAstriumpicturebaseusaastronautdragonlanderfiveeventTelesatSSLAprilSNC50thinterviewLong MarchSea LaunchfalconWednesdaycustomerlinkatlantissuccessor

Stay Informed with Seradata

Stay informed on the latest news, insights, and more from Seradata by signing up for our newsletter.