Reusing first stage rocket stages should lower costs by 40% and reduce launch prices by 30%.
Spacex will try to reuse all stages which could ultimately reduce costs by 10 to 100 times.
May need to increase size of rocket storage hangar— Elon Musk (@elonmusk) May 6, 2016
Woohoo!! https://t.co/0P8n8VmFbr— Elon Musk (@elonmusk) May 6, 2016
Rocket reentry is a lot faster and hotter than last time, so odds of making it are maybe even, but we should learn a lot either way— Elon Musk (@elonmusk) May 6, 2016
The Spacex vision of reusable rockets
SOURCES - Twitter, Youtube, Washington Post