Elon Musk says SpaceX will carry ‘99% of Earth’s total payload’ once spacecraft flies daily – Rocket Lab (NASDAQ:RKLB)

Elon Musk says SpaceX will carry ‘99% of Earth’s total payload’ once spacecraft flies daily – Rocket Lab (NASDAQ:RKLB)

SpaceX CEO Elon Musk said Thursday on

“SpaceX is accelerating rapidly,” Musk wrote.

Related: Elon Musk moves closer to Tesla’s $1 trillion price tag – should shareholders be concerned?

Current market position

Musk reshared a message from an investor Steve Jurvetson citing third quarter data from The Launch Report showing that SpaceX is responsible for 97% of the kilograms sent to orbit in the US and 83% globally.

The report shows that eight Chinese launch companies together represent 8.6% of the global orbital payload. It also notes that the Israeli military has recently taken a lead Rocket Lab (NASDAQ:RKLB) in the ranking of loads.

Development of starships

SpaceX’s 11th Starship test flight took place in October, as the company continues to pursue cargo missions to Mars by 2030 at a cost of $100 million per ton.

Musk has previously claimed that Starship could eventually deliver 300 gigawatts of solar-powered AI satellites every year.

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