Space Exploration Technologies Corp. Class A Common StockSpaceX CFO touts Starship full reusability cutting cost to orbit by 99% and orbital compute parity, with first upper-stage catch and reflight targeted for 2026-2027

Space Exploration Technologies Corp. CFO Bret Johnsen said China has an "amazing space program" but remains far from matching Starship, speaking Thursday at Goldman Sachs' Communacopia + Technology Conference. Johnsen acknowledged Chinese progress, noting Reuters reported last month that LandSpace successfully landed the first stage of its Zhuque-3 orbital-class rocket, becoming China's first private launcher to achieve a ground-based orbital-booster recovery; that methane-fueled rocket can carry about 14.2 metric tons to low Earth orbit. SpaceX is betting on full reuse of both Starship stages, and Johnsen said the cost curve drops dramatically once both the first and second stages are reflying, which he hopes begins as soon as next year. SpaceX's prospectus says Starship V3 is expected to carry 100 metric tons, and the company believes full and rapid reusability could eventually cut the cost to orbit by 99% or more versus NASA's historical average of $18,500 per kilogram. Johnsen said orbital compute could reach parity with terrestrial infrastructure as soon as next year, while CEO Elon Musk has said SpaceX could attempt its first upper-stage tower catch within months, with a first reflight possible by late 2026 or early 2027.
Space Exploration Technologies Corp. Class A Common StockSpaceX CFO touts Starship full reusability cutting cost to orbit by 99% and orbital compute parity, with first upper-stage catch and reflight targeted for 2026-2027
Virgin Galactic Holdings IncSpaceX CFO says China's program, including LandSpace's Zhuque-3 booster recovery, remains far from Starship's capability