Elon Musk in 2003: SpaceX Will Prove Rockets Can Be Built and Operated at Far Lower Cost

Elon Musk in 2003: SpaceX will show that rockets can be built and operated at much lower cost.

“In the final analysis, I would say that rockets really should be a lot cheaper than they are today. I think the way that they're built, the way they're operated, is just very inefficient. And I think with SpaceX and Falcon, we're going to show that that's the case.”

Stanford University, October 8, 2003