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Submission + - Study Finds SpaceX Investment Saved NASA Hundreds of Millions (popularmechanics.com)

schwit1 writes: When a SpaceX Dragon spacecraft connected with the International Space Station on May 25, 2012, it made history as the first privately-built spacecraft to reach the ISS. The Dragon was the result of a decision 6 years prior—in 2006, NASA made an "unprecedented" investment in SpaceX technology. A new financial analysis shows that the investment has paid off, and the government found one of the true bargains of the 21st century when it invested in SpaceX.

A new research paper by Edgar Zapata, who works at Kennedy Space Center, looks closely at the finances of SpaceX and NASA. "There were indications that commercial space transportation would be a viable option from as far back as the 1980s," Zapata writes. "When the first components of the ISS were sent into orbit 1998, NASA was focused on "ambitious, large single stage-to-orbit launchers with large price tags to match."

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Study Finds SpaceX Investment Saved NASA Hundreds of Millions

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