How to Lend Money to Astronauts, with Russell Shaw (Equatorial Launch Australia)

If you go back to the 1980s, the Space Shuttle was effectively the first freighter carrier, if you like, to take things into space. And the cost of getting just one kilo into space was around 60,000 US dollars then. So when you think about the size of these enormous satellites, which were going up into, you know, 35,000 kilometres into the sky and into a geostationary orbit, where they effectively cover the same part of the world all day round. Those are enormous costs to get those things up.

Now, what we're seeing, is clearly that the world has changed, technology has improved and Elon Musk and SpaceX, to be fair, has been a major catalyst in actually reducing the cost of access to space from that crazy $60,000 a kilo down to something closer to $6,000 per kilo.