ACEIZE Tracking the current state of Science and Technology

SpaceX, Elon Musk's launch company has developed a rocket called the 'Falcon Heavy'. It can deliver a payload of 53,000kg (117,000 lbs) to low earth orbit. This is twice the payload of the retiring space shuttle. The total cost for a 2013 launch is $80-125 million, or $1509 - $2358 per kg ($683 - 1068 per lb). This represents a significant reduction in launch costs from 2007 when a study by The Tauri Group found that the average launch cost was $21,000/kg.