SpaceX Merlin engine costs less than $1 million. Elon has said SpaceX produce the Raptor for cheaper than or close to the Merlin engine in later simplified Raptor versions. Tim estimates current Raptors at $2 million.
The Raptor will have a vacuum version with an ISP of 350 and a sea level version with an ISP of 330. ISP is rocket engine fuel efficiency.
The Raptor will have higher ISP than any rocket other than the Space Shuttle, but the Raptor will be 70 times cheaper than the Space Shuttle engine on a cost for constant power level basis.
Brian 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.