, 4 tweets, 2 min read Read on Twitter
I've been saying for many years that the rocket launch business isn't that big.

Shotwell: SpaceX has signed 22 launch deals over the last 14 months, despite a downturn in the market for commercial GRO satellites....we’re feeling a little pain right now on the commercial side"
US$ 3B SpaceX revenue a year at US$ 70M per launch on average would be ~43 launches a year. Yes, there other launchers and prices but assume all are all Falcon 9 and you get a sense of total addressable market. Total industry commercial launch now ~$6.2B breakingdefense.com/2019/05/usg-la…
"There were 114 total orbital launches in 2018. Of these, 93 were commercially procured, 15 involved space vehicles, and 6 were not commercially procured" sia.org/wp-content/upl…

Both Musk and Bezos must generate services revenues beyond launch to achieve their objectives.
$30B in planned SpaceX communication services revenue a year should be compared to the current market:
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