SpaceX currently holds a staggering 98% share of global rocket launches, presenting a significant monopoly in the space industry. With China as its only serious competitor, challenges arise for any potential rival looking to keep pace. According to Lin Kayser of Leap 71, startups face an uphill battle to develop engines that match SpaceX's performance without lengthy development cycles. The increasing importance of technologies like Starlink exacerbates the urgency for regions to establish independent launch capabilities to avoid excessive costs or dependence on a single company, which could monopolize critical communication infrastructure.
SpaceX controls 98% of global rocket launches, highlighting a critical monopoly situation that raises concerns about the future of space accessibility and competition.
Lin Kayser emphasizes the urgency for startups and nations to develop comparable rocket technology quickly, as waiting a decade could mean being too late to compete with SpaceX.
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