The idea is that launch cost becomes propellant cost, plus the pro rated vehicle production cost per launch. The props are less than 1 M$. If you fly 10 times, the cost/launch is on the order of 20 M$, if you fly 100 times, it's 10X less. That means all launches are BFR/BFS for them. At a couple million a launch-ish, they can do Vector style launches and be competitive for single smallsats.What do you think the medium term future of space exploration will be like?
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