So Begins The Era of Cheap Space

pacopico writes: Elon Musk and SpaceX kicked off the New Space era with low-cost, reusable rockets. But now there's something just as dramatic brewing with really, really cheap rockets and really, really cheap satellites. Bloomberg has just profiled Peter Beck, a self-taught rocket engineer from New Zealand, who has built a $5 million rocket that will be taking cubesats from Planet Labs and others to space in the next few weeks. The story talks about a new type of computing shell being built around the Earth and all the players trying to fill it up.