I'm interested in what you made of
these new feats, in particular what the sixth test launch really showed us,
because they didn't get to catch once again with those so-called chopsticks.
Yeah. This.
This test was a mix.

However, I would definitely put it in
the win column. We aren't used to seeing
an A company or even a government agency push
technology like SpaceX is doing. And on this flight, although it was
disappointing not to get the catch, we

knew that was a possibility.
They're making good calls or making safe calls.
The Starship itself, which is actually the more complex and important vehicle,
went on to succeed beyond anyone's imagination.
They are taking out weight of the vehicle by eliminating tiles just to
test the boundaries to make sure that

they are getting the most out of every
second of the vehicle and seeing that stage land the second stage into the
ocean in such a controlled way. That's the goal.
The goal is continuing to march on to a fully reusable two-stage vehicle.
And they made a lot of progress also

with the engine lighting on
the second vehicle on the second stage. So immense, but I'd put it in the win
column. Okay.
So the fact that it survived reentry through less atmosphere, the fact that
we saw a reigniting of one of the Raptor

engines steering, that suddenly becomes
possible. Just pictures forward.
What next is achievable? What ultimately how quickly can we
suddenly see trips to Mars on this kind of a vehicle?
Well, I think the key is that the speed over the next couple of years, if we are
seeing the cadence increase, as we did

with their Falcon nine vehicle, where
they're launching more than 100 a year, Gwynne Shotwell recently said they'll be
at the 400 mark in four years with this vehicle.
I mean, if they can make that, you then

will be having on-orbit fuel transfers.
That's the key to going beyond low-Earth orbit.
Whether this administration is still going to want to fulfill a lunar
ambition, we don't know.
But definitely we're hearing the president-elect and Elon talk about Mars
trips.

And those require refueling in low-Earth
orbit, a technology that is unproven but isn't that complex?
You could see missions to Mars, as they're talking about in the four or
five-year time frame. I doubt they would put people on them,
but that is indeed what the president

has at least talked about doing within
his term. Lori.
Yeah, we were just seeing pictures of president-elect Trump there alongside
Elon Musk. You've been there.
You were in that transition team, the NASA transition team with President
elect Obama at the time.

How likely are we to see other companies
thrive in this new era where SpaceX is so integral and so close to the next
administration? Well, it is a really strange trajectory
in the sense that the Obama transition team that I led back in 2008 and 2009
set us on a course for a more

competitive
arrangement to have our space transportation to and from low-Earth
orbit. That gave the opening to space acts that
they have absolutely run through and now have dominated the market.
You couldn't have guessed back then how much farther ahead they would be
than everyone else.

They hadn't even been able to get
contracts through the military side, and now they're the dominant player.
So at this point, I think any transition team, once they're there, if the Trump
folks even go this route, is to put in

policies that will allow for more
competition. The goal is never a monopoly.
In fact, we did what we did because there was a monopoly, the United Launch
Alliance, and it was much more expensive to the government.
So as much as politically things are

really tense between competitors right
now, there's there's no reason we shouldn't be able to inspire more people
than just SpaceX to be making these advancements.
And we want just a single player. So briefly, Laurie, where do you back in
the tech stack of of ultimately rocket

companies and space industry right now?
Well, at this point, United Launch Alliance is still launching is more
expensive. They're not reusable.
Blue Origin has launched now their Vulcan rocket and I think in 2025 will
launch New Glenn which is supposed to be

reusable over the longer term.
The Europeans are developing new vehicles, mostly not reusable.
So there is no question SpaceX is in the lead, as I have said in my book.
Be hard for anyone to catch up in ten years unless SpaceX and Elon trips.

Garver: Could See SpaceX Mars Missions in 4-5 Years

Welcome to the Bloomberg Technology YouTube channel. Subscribe for original series and mini-docs on game-changing technologies, profiles on innovators, live conversations with experts, and breaking technology news & analysis from Bloomberg TV.

Bloomberg Technology

Discussion of the sixth test launch and its results, particularly the unsuccessful catch attempt.

Despite the failed catch, the launch is considered a success due to the Starship's performance exceeding expectations.

Focus on Starship's success, weight reduction efforts, and controlled landing.

Progress made towards a fully reusable two-stage vehicle, including engine reignition.

Discussion of the significance of the Starship's survival and engine reignition during reentry.

Discussion of the potential for increased launch cadence, similar to Falcon 9, and its implications for Mars missions.

Importance of on-orbit fuel transfers for missions beyond low-Earth orbit.

Mention of potential Mars missions within a four to five-year timeframe, with discussion of refueling in low-Earth orbit.

Discussion of President-elect Trump's statements regarding Mars trips.

SpaceX's Dominance and Future Competition

Analysis of SpaceX's market dominance and its impact on the space industry.

Discussion of SpaceX's unexpected rise to dominance and the need for policies promoting competition.

Importance of fostering competition in the space industry to avoid monopolies.

Discussion of the political climate and the need to inspire more advancements beyond SpaceX.

Current State of Rocket Companies and the Space Industry

Overview of other companies in the space industry, including United Launch Alliance, Blue Origin, and European efforts.

Conclusion that SpaceX is currently leading the industry and that it will be difficult for others to catch up.