Is that really true? If it is, I am struggling to understand what the money is being spent on. I mean the cost of Space Shuttle launches was in that neighborhood.
We don't have official numbers but pretty good industry reporting that puts the numbers there. Read Eric Bergers reporting on them over the last 5 years or so.
Its mostly just lots of people and time. Plus buying 1-2 planes.
Space Shuttle development was of course way more. A single margin launch cost 500M. But with fixed cost it was 1 billion+.
Is that really true? If it is, I am struggling to understand what the money is being spent on. I mean the cost of Space Shuttle launches was in that neighborhood.