SpaceX COO and President Gwynne Shotwell says Falcon 9 [block 5] first stages are returning in much better shape than anticipated. SpaceX has refurbishment time down to four weeks. The SpaceX goal is still a one-day turnaround next year.
In 2017, Shotwell said a Block 5 booster could relaunch a dozen or so times. The Block 3, by comparison, had an estimated life of two missions.
A Block 5 that is reusable for dozens of times with minimal refurbishment and fast turnaround could bring the profitable costs of launch down to $20-30 million per launch.
An analysis in 2017 on Reddit of Spacex costs with ten reuses suggests SpaceX could maintain profit margin with costs that are about 40-50% of a non-usable Spacex flight.
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.