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Benefits
This project can greatly reduce the cost of launching rockets. If SpaceX can successfully reuse the stages of their rockets, they can save over 95% of what it costs to build their rockets.
It costs around $54 million to build a rocket currently. However, the cost of fuel for each flight is only around $200,000—about 0.4% of the total cost.
Successful Test
On April 18, 2014, SpaceX launched a rocket up to the ISS. The first stage of the rocket was successfully used in a test to control the first stage of the rocket. It was aimed to land in the Atlantic Ocean. Future tests may include landing the rocket on land.
Pros and Cons
Pros:
- saves a lot of money
- its super cool
- privately owned, doesn't depend on government funding
Cons:
- if anything goes wrong, the stages could land on people and kill them
Reusing Rockets
SpaceX is planning and conducting a new series of tests to reuse the different launch stages of rockets.