SpaceX
SpaceX CEO Elon Musk says that BFR could cost less to build than Falcon 9
SpaceX CEO Elon Musk believes that there may be a path for the company to ultimately build the massive Starship spacecraft and Super Heavy booster (formerly BFR) for less than Falcon 9/Falcon Heavy, a rocket 3-9 times smaller than BFR.
While it certainly ranks high on the list of wild and wacky things the CEO has said over the years, there may be a few ways – albeit with healthy qualifications – that Starship/Super Heavy production costs could ultimately compare favorably with SpaceX’s Falcon family of launch vehicles. Nevertheless, there are at least as many ways in which the next-gen rocket can (or should) never be able to beat the production cost of what is effectively a far simpler rocket.
This will sound implausible, but I think there’s a path to build Starship / Super Heavy for less than Falcon 9
— Elon Musk (@elonmusk) February 11, 2019
Dirty boosters done dirt cheap
On the one hand, Musk might not necessarily be wrong, especially if one throws the CEO several bones in the interpretation of his brief tweet. BFR at its simplest is going to require a full 38 main rocket engines to achieve its nominal performance goals, 7 on Starship and 31 on Super Heavy. As a dramatically more advanced, larger, and far more complex engine, Raptor will (with very little doubt) cost far more per engine than the relatively simple Merlin 1D. BFR avionics (flight computers, electronics, wiring, harnesses) are likely to be more of a known quantity, meaning that costs will probably be comparable or even lower than Falcon 9’s when measured as a proportion of overall vehicle cost. Assuming that BFR can use the exact same cold gas thruster assemblies currently flying on Falcon 9, that cost should only grow proportionally with vehicle size. Finally, Starship will not require a deployable payload fairing (~10% of Falcon 9’s production cost).
All of those things mean that Starship/Super Heavy will probably be starting off with far better cost efficiency than Falcon 9 was able to, thanks to almost a decade of interim experience both building, flying, and refurbishing the rocket since its 2010 debut. Still, BFR will have to account for entirely new structures like six large tripod fins/wings and their actuators, wholly new thrust structures (akin to Falcon 9’s octaweb) for both stages, and more. Considering Starship on its own, the production of a human-rated spacecraft capable of safely housing dozens of people in space for weeks or months will almost without a doubt rival the cost of airliner production, where a 737 – with almost half a century of production and flight heritage – still holds a price tag of $100-130+ million.
- BFR shown to scale with Falcon 1, 9, and Heavy. (SpaceX)
- A September 2018 render of Starship (then BFS) shows one of the vehicle’s two hinged wings/fins/legs. (SpaceX)
- BFR’s booster, now known as Super Heavy. (SpaceX)
- Sadly, this is a not a sight that will greet Falcon 9 booster B1046’s fourth launch – Crew Dragon’s critical In-Flight Abort test. (SpaceX)
Adding one more assumption, the most lenient interpretation of Musk’s tweet assumes that he is really only subjecting the overall structure (sans engines and any crew-relevant hardware) of BFR relative to Falcon 9. In other words, could a ~300-ton stainless steel rocket structure (BFR) cost the same amount or less to fabricate than a ~30-ton aluminum-lithium alloy rocket structure (Falcon 9/Heavy)? From the very roughest of numerical comparisons, Musk estimated the cost of the stainless steel alloys (300-series) to be used for BFR at around $3 per pound ($6.60/kg), while aluminum-lithium alloys used in aerospace (and on Falcon 9) are sold for around $20/lb ($44/kg)*. As such, simply buying the materials to build the basic structures of BFR and Falcon 9 would cost around and $7.5M and $5M, respectively.
Assuming that the process of assembling, welding, and integrating Starship and Super Heavy structures is somehow 5-10 times cheaper, easier, and less labor-intensive, it’s actually not inconceivable that the cost of building BFR’s structure could ultimately compete with Falcon 9 after production has stabilized after the new rocket’s prototyping phase is over and manufacturing processes are mature.
*Very rough estimate, difficult to find a public cost per unit mass from modern Al-Li suppliers

Costs vs. benefits
On the opposite hand, stainless steel rockets do not have a history of being uniquely cost-effective relative to vehicles using alternative materials. The only orbital-class launch vehicles to use stainless steel (and balloon) tanks are the Atlas booster and the Centaur upper stage, with Atlas dating back to the late 1950s and Centaur beginning launches in the early ’60s. Stainless steel Atlas launches ended in 2005 with the final Atlas III mission, while multiple forms of Centaur continue to fly regularly on ULA’s Atlas V and Delta IV.
Based on a 1966 contract between NASA and General Dynamics placed shortly after Centaur’s tortured development had largely been completed, Centaur upper stages were priced around $25M apiece (2018 USD). In 1980, the hardware for a dedicated Atlas-Centaur launch of a ~1500 kg Comstar I satellite to GTO cost the US the 2018 equivalent of a bit less than $40M ($71M including miscellaneous administrative costs) – $22.4M for Centaur and $17.6M for Atlas. For Atlas, the rocket’s airframe (tanks and general structure) was purchased for around $8.5M. That version of Atlas-Centaur (Atlas-SLV3D Centaur-D1A) was capable of lifting around 5100 kg (11,250 lb) into Low Earth Orbit (LEO) and 1800 kg (~4000 lb) to geostationary transfer orbit (GTO), while it stood around 40m (130 ft) tall, had a tank diameter of 3.05m (10 ft), and weighed ~150t (330,000 lb) fully fueled.
- Atlas shows off its shiny steel balloon tanks. (SDASM)
- The original space-faring Atlas, known as SM-65, seen here with a Mercury space capsule. (NASA)
- A Centaur upper stage is pictured here in 1964. (NASA)
- Atlas SLV3D is pictured here launching a Comstar I satellite.
- A Falcon 9 booster is seen here near the end of its tank welding, just prior to painting. (SpaceX)
- An overview of SpaceX’s Hawthorne factory floor in early 2018. (SpaceX)
In a very loose sense, that particular stainless steel Atlas variant was about half as large and half as capable as the first flight-worthy version of Falcon 9 at roughly the same price at launch ($60-70M). What does this jaunt through the history books tell us about the prospects of a stainless steel Starship and Super Heavy? Well, not much. The problem with trying to understand and pick apart official claims about SpaceX’s next-generation launch architecture is quite simple: only one family of rockets in the history of the industry (Atlas) regularly flew with stainless steel propellant tanks, a half-century lineage that completed its final launch in 2005.
Generally speaking, an industrial sample size of more or less one makes it far from easy to come to any particular conclusions about a given technology or practice, and SpaceX – according to CEO Elon Musk – fully intends to push past the state of the art of stainless steel rocket tankage with BFR. Ultimately, American Marietta/Martin Marietta/Lockheed Martin was never able to produce launch vehicle variants of the stainless steel Atlas family at a cost more than marginally competitive with Falcon 9, despite the latter rocket’s use of a far more expensive metal alloy throughout its primary tanks and structure.
At least 10X cheaper
— Elon Musk (@elonmusk) February 11, 2019
At some point, it’s even worth asking whether the per-unit cost of Starship and Super Heavy should be relevant at all to their design and construction, at least within reason. If the goal of BFR is to drastically lower the cost of launch by radically improving the ease of reuse, it would be truly bizarre (and utterly unintuitive) if those goals could somehow be achieved without dramatically raising the cost of initial hardware procurement. Perhaps the best close comparison to BFR’s goals, modern airliners are eyewateringly expensive ($100-500M apiece) as a consequence of the extraordinary reliability, performance, efficiency, and longevity customers and regulatory agencies demand from them, although those costs are admittedly not the absolute lowest they could be in a perfect manufacturing scenario.
At the end of the day, it appears that Musk is increasingly of the opinion that the pivot to stainless steel could ultimately make BFR simultaneously “better, faster, [&] cheaper”. However improbable that may be, if it does turn out to be the case, Starship and Super Heavy could be an unfathomable leap ahead for reliable and affordable access to space. It could also be another case of Musk’s excitement and optimism getting the better of him and hyping a given product well beyond what it ultimately is able to achieve. Time will tell!
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News
Tesla hints at Starlink integration with recent patent
“By employing polymer blends, some examples enable RF transmission from all the modules to satellites and other communication devices both inside and outside the vehicle.”
Tesla hinted at a potential Starlink internet terminal integration within its vehicles in a recent patent, which describes a vehicle roof assembly with integrated radio frequency (RF) transparency.
The patent, which is Pub. No U.S. 2025/0368267 describes a new vehicle roof that is made of RF-transparent polymer materials, allowing and “facilitating clear communication with external devices and satellites.”
Tesla believes that a new vehicle roof design, comprised of different materials than the standard metallic or glass elements used in cars today, would allow the company to integrate modern vehicular technologies, “particularly those requiring radio frequency transmission and reception.
Tesla has recently filed a US patent application on integrating RF transparent materials into the roof structure.
“facilitating clear communication with external devices and satellites”
Tesla fleet is getting @Starlink connectivity integration soon. LFG @Tesla @elonmusk… pic.twitter.com/bLa8YtPLd1
— Chansoo Byeon (@Chansoo) December 9, 2025
Instead of glass or metallic materials, Tesla says vehicles may benefit from high-strength polymer blends, such as Polycarbonate, Acrylonitrile Butadiene Styrene, or Acrylonitrile Styrene Acrylate.
These materials still provide ideal strength metrics for crashworthiness, stiffness for noise, vibration, and harshness control, and are compliant with head impact regulations.
They would also enable better performance with modern technologies, like internet terminals, which need an uninterrupted signal to satellites for maximum reception. Tesla writes in the patent:
“By employing polymer blends, some examples enable RF transmission from all the modules to satellites and other communication devices both inside and outside the vehicle.”
One of the challenges Tesla seems to be aware of with this type of roof design is the fact that it will still have to enable safety and keep that at the forefront of the design. As you can see in the illustration above, Tesla plans to use four layers to increase safety and rigidity, while also combating noise and vibration.
It notes in the patent that disclosed examples still meet the safety requirements outlined in the Federal Motor Vehicle Safety Standards (FMVSS).
Starlink integrated directly into Tesla vehicles would be a considerable advantage for owners. It would come with a handful of distinct advantages.
Initially, the inclusion of Starlink would completely eliminate cellular dead zones, something that is an issue, especially in rural areas. Starlink would provide connectivity in these remote regions and would ensure uninterrupted service during road trips and off-grid adventures.
It could also be a critical addition for Robotaxi, as it is crucial to have solid and reliable connectivity for remote monitoring and fleet management.
Starlink’s growing constellation, thanks to SpaceX’s routine and frequent launch schedule, will provide secure, stable, and reliable internet connectivity for Tesla vehicles.
Although many owners have already mounted Starlink Mini dishes under their glass roofs for a similar experience, it may be integrated directly into Teslas in the coming years, either as an upgrade or a standard feature.
Investor's Corner
SpaceX IPO is coming, CEO Elon Musk confirms
However, it appears Musk is ready for SpaceX to go public, as Ars Technica Senior Space Editor Eric Berger wrote an op-ed that indicated he thought SpaceX would go public soon. Musk replied, basically confirming it.
Elon Musk confirmed through a post on X that a SpaceX initial public offering (IPO) is on the way after hinting at it several times earlier this year.
It also comes one day after Bloomberg reported that SpaceX was aiming for a valuation of $1.5 trillion, adding that it wanted to raise $30 billion.
Musk has been transparent for most of the year that he wanted to try to figure out a way to get Tesla shareholders to invest in SpaceX, giving them access to the stock.
He has also recognized the issues of having a public stock, like litigation exposure, quarterly reporting pressures, and other inconveniences.
However, it appears Musk is ready for SpaceX to go public, as Ars Technica Senior Space Editor Eric Berger wrote an op-ed that indicated he thought SpaceX would go public soon.
Musk replied, basically confirming it:
As usual, Eric is accurate
— Elon Musk (@elonmusk) December 10, 2025
Berger believes the IPO would help support the need for $30 billion or more in capital needed to fund AI integration projects, such as space-based data centers and lunar satellite factories. Musk confirmed recently that SpaceX “will be doing” data centers in orbit.
AI appears to be a “key part” of SpaceX getting to Musk, Berger also wrote. When writing about whether or not Optimus is a viable project and product for the company, he says that none of that matters. Musk thinks it is, and that’s all that matters.
It seems like Musk has certainly mulled something this big for a very long time, and the idea of taking SpaceX public is not just likely; it is necessary for the company to get to Mars.
The details of when SpaceX will finally hit that public status are not known. Many of the reports that came out over the past few days indicate it would happen in 2026, so sooner rather than later.
But there are a lot of things on Musk’s plate early next year, especially with Cybercab production, the potential launch of Unsupervised Full Self-Driving, and the Roadster unveiling, all planned for Q1.
News
SpaceX reportedly mulling IPO, eyeing largest of all time: report
“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock,” Musk said.
SpaceX is reportedly mulling an initial public offering, eyeing what would be the largest valuation at the time of availability of all time, a new report from Bloomberg said on Tuesday.
It is one of many reports involving one of Elon Musk’s companies and a massive market move, as this is not the first time we have seen reports of an IPO by SpaceX. Musk himself has also dispelled other reports in the past of a similar nature, including an xAI funding round.
SpaceX and Musk have yet to comment on the report. In the past, untrue reports were promptly replied to by the CEO; this has not yet gained any response, which is a good sign in terms of credibility.
However, he said just a few days ago that stories of this nature are inaccurate:
“There has been a lot of press claiming SpaceX is raising money at $800B, which is not accurate. SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors. Valuation increments are a function of progress with Starship and Starlink and securing global direct-to-cell spectrum that greatly increases our addressable market. And one other thing that is arguably most significant by far.”
There has been a lot of press claiming @SpaceX is raising money at $800B, which is not accurate.
SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors.
Valuation increments are a…
— Elon Musk (@elonmusk) December 6, 2025
Musk has discussed a potential IPO for SpaceX in recent months, as the November 6 shareholder meeting, as he commented on the “downsides” of having a public company, like litigation exposure, quarterly reporting pressures, and other inconveniences.
Nevertheless, Musk has also said he wants there to be a way for Tesla shareholders to get in on the action. At the meeting in early November, he said:
“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock.”
Additionally, he added:
“Maybe at some point., SpaceX should become a public company despite all the downsides of being public.”
Musk has been historically reluctant to take SpaceX public, at times stating it could become a barrier to colonizing Mars. That does not mean it will not happen.
Bloomberg’s report cites multiple unidentified sources who are familiar with the matter. They indicate to the publication that SpaceX wants to go public in mid-to-late 2026, and it wants to raise $30 billion at a valuation of around $1.5 trillion.
This is not the first time SpaceX has discussed an IPO; we reported on it nine years ago. We hope it is true, as the community has spoken for a long time about having access to SpaceX stock. Legendary investor Ron Baron is one of the lucky few to be a SpaceX investor, and said it, along with Tesla, is a “lifetime investment.”
Tesla bull Ron Baron reveals $100M SpaceX investment, sees 3-5x return on TSLA
The primary driver of SpaceX’s value is Starlink, the company’s satellite internet service. Starlink contributes 60-70 percent of SpaceX’s revenue, meaning it is the primary value engine. Launch services, like Falcon 9 contracts, and the development of Starship, also play supporting roles.










