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Doesn't this argument prove too much? Long ago, compute was extremely expensive. The cost of compute went down, but people made tons of money selling more and more computers. The same was true for most technologies when they were first invented. Yes, satellites are expensive compared to launches, but that's because launch costs are so high and launches are so infrequent. If you're spending the money to launch something into space, you'll also spend lots of money making sure that satellite is as reliable and as capable as possible. For example: The James Webb Space Telescope required a complex origami folding mechanism, but it could fit unfolded in Starship's payload bay. Removing that constraint would have saved the program hundreds of millions of dollars. If the cost of something goes down, people buy more of it. This is basic economics, and it would be foolish to assume it doesn't apply to space launches. There are quite a few potential markets that would become viable if launch costs went down: space tourism, rapid point-to-point Earth transport (this would be especially useful for the military), cheap and rapid deployment of new satellite constellations, single module space stations, cheaper satellites due to fewer mass constraints, orbital radio telescopes, beamed power, space infrastructure such as asteroid harvesting, and so on. I doubt all of these things will exist in the future, but a 20x reduction in launch costs would make quite a few of them profitable. Just as how people 50 years ago couldn't have predicted all the future uses of cheap, fast computers, we can't predict all the uses of cheap, fast launches. What we can predict is that lower costs will increase demand. |
https://en.wikipedia.org/wiki/Space_debris