We discovered joy, sixth, and seventh August. 2020 is destined to be a critical year for SpaceX for three of its most important business segments starship starlink and Crew Dragon. All of them are reaching critical milestones starship is iterating rapidly to prepare for orbital flight. starlink is a few steps away from commercial trials and Crew Dragon is ready for launch in just a week time. It is hard to accurately quantify the commercial value for them. But for those who follow the space industry closely, you know how much excitement SpaceX has brought to an otherwise stagnant industry. SpaceX acheivements 2020
Let’s talk about these businesses, one by one, starship is domestic citing segments SpaceX business with endless possibilities, it is iterating rapidly to test different vehicles to make sure its design is robust. It is also the most ambitious rocket under construction, its capability rivals that of section five and it is designed for foreign missions and beyond. Before as an codename test vehicles SpaceX has already completed three hop tests with Star Hopper, completing a maximum hover altitude of 150 metres, but this whole process is accelerated, starting with sn one in October last year.
SpaceX has designed and assembled, six sn test vehicles to under construction, and four completed sn stands for serial number and Ilan expressed that there will be many SM test vehicles before building an actual starship rapidly iterating test vehicles to get to the final starship as soon as possible. pessin one was destroyed during pressure test due to a structural issue on 28th February, mass into was retired after testing its welding quality as n three was destroyed due to a test configuration error, a significant improvement over the previous versions.
And finally, SM four made important progress completing static fire test and cryogenic pressure test as mid May, so for has planned to make a short hop test light wants to regulators suborbital launch licences received as in five and six under construction will bring starships vision, even further. However, by far the most important piece of news regarding starship is NASA’s 330 $5 million investment.
This is the first time NASA confirms its support for starship. Previously, NASA announced its support for SpaceX to do cargo transportation to the moon, but Falcon Heavy was supposed to be the principal vehicle for cargo transportation. Now that NASA has committed funding starships development and put a 10 month timeline on it. You wrote incentives and a sense of urgency for SpaceX to fast, many important milestones will be passed this year.
Now let’s move on to starlink. I’ve always believed that starlink is the most promising branch of SpaceX businesses commercially. It is a satellite constellation being constructed by SpaceX to provide Satellite Internet access. It has two significant advantages over its competitors. One, it plans to send over 40,000 satellites low Earth orbit, low orbits and higher number of satellites significantly improves internet quality and to SpaceX is a virtual monopoly in this market without the SpaceX Falcon AI reusable rocket.
This business is not commercially viable because of the high launch cost. That’s why I covered Starling a lot more than starship so far, however much we love SpaceX effort with starship, it still has technology gaps to fill and its outcome is not certain. When it comes to star link, it is commercial its business basics are sound, and it’s most likely to produce results in the coming years. Like starship SpaceX already has old technologies needed for Sterling business. More importantly, no other company can do the same as such a low cost, with seven starlink launches so far SpaceX has sent 422 satellites to the low Earth orbit in the second half of 2020 SpaceX is scheduled to send six more starlink launches, pushing the total satellite number to around 700.
This will be the North American market which is one of the most lucrative markets in the world, followed by the European Union, China, and Japan, with only 5% of the world’s population, North America takes a quarter of the world’s internet revenue right sharing flights with starlink will also bring SpaceX a significant revenue boost.
One of the troubles facing starlink is its visibility in night sky to counter that SpaceX will also be sending Starling satellites, with sunshades to lower their visibility. They’re called Visser sand and the first batch will be sent in June. Finally, 2020 is the year when SpaceX acquires human spaceflight capability, it has years in the main SpaceX was awarded $2.6 billion in 2014 together with Boeing to provide crew transportation to the International Space Station. But unlike prior NASA contractors were construction contracts with commercial firms led to direct NASA operation of the spacecraft.
NASA made an exception for SpaceX is purchasing space transport services from SpaceX, including construction launch and operation of Crew Dragon. This means SpaceX will have the operational capability for future manned missions. This is a capability, only three countries have acquired so far, the United States, Russia and China. With the help of NASA SpaceX is poised to perform its final human spaceflight test on the 27th of May. This could unlock many business opportunities for SpaceX. How is starship going to send humans to the Moon and Mars. How is yusaku maezawa going to orbit the moon in 2022, better technology and experience operating Crew Dragon is the key to these questions.
SpaceX will officially have these tech capability by the end of this month. Additionally, crew dragons docking technology is also very important for future missions to the moon. It is important to refuel starship in low Earth orbit, before it reached the moon independently strategically crewed dragon success is the final hurdle for SpaceX dominance in the industry. Upon completion SpaceX would have acquired most, if not all tech capabilities of the space industry for any missions lionhead from deep space exploration missions to manned missions to the moon from setting up a permanent base on the moon to potentially doing the same on Mars SpaceX has proved its incredible competence time and time again.