Space Economics Revolution

Launch costs have dramatically decreased due to advancements in reusable rocket technology, with the potential to reach under $1,000 per kilogram for low Earth orbit. Simultaneously, the shift towards mass production techniques for space hardware has led to significant reductions in costs, bringing them down to around $1,000 per kilogram. These changes could make space-based solar power economically viable, with total system costs now ranging from $1 to $10 billion, a substantial drop from previous estimates.