Is SpaceX a Threat to Boeing and Lockheed?

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Dec. 3 (Bloomberg) -- Bloomberg's Cory Johnson and Bloomberg Businessweek's Ashlee Vance discuss the implications of SpaceX's launch of the Falcon 9 rocket. They speak on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

We are joined in the studio.

What is a successful launch?

It is a big deal.

It is an x there are men.

This is the first time i'm going to get to the highest.

They have a long ways to go before they get there.

Getting off the ground is probably the hardest.

What happens now?

What kind of things are they looking out for?

They lose communication for a little while.

It shuts down in the now they have to do the hard work of re- firing and getting to another stage and pushing to the satellite.

I know you have been looking to this closely.

What exactly is elon musk trying to do?

Is it more difficult to do than space ambitions of years pass?

This is not commercial tourism.

So far they have gotten to the space station.

This is going even farther.

Thousands of miles farther.

What they are trying to do is reduce the cost of commercial space and challenge entire countries like you're up in russia and then challenge companies like boeing -- europe and russia and then challenge companies like boeing.

What exactly is the business?

This is really interesting.

This has not been telecommunications and probably has not been government launches.

It has been hd television.

A lots of stations have gone from low d to hd.

Each one requires a new satellite to move it around the world.

It has been a really big boom in the satellite to broadcast hd.

That is slowing down.

The failures, the slowing from altar high definition creates some headwind in the business of satellite launches.

There are some questions about the growth rates going forward.

Nasa create a big hole in the u.s.. the underlying business is an interesting point.

Maybe biggest drivers in biggest years are going away.

Let's talk about some of the competition.

You mention lockheed martin.

What are other parties doing that is different than what spacex is doing?

They have a competitor concentrating on smaller launches.

Spacex is doing some of that business but they have the ambition of doing the biggest.

Spacex is also doing business to the space station.

They're also the only one that can come back from the space station with a launch vehicle.

With lockheed and boeing you are basically talking about a lot of military bowling.

What spacex is trying to do is sort of roof -- is true it chops chops.

It is interesting talking about jeff bezos who is also very interesting and space expiration.

Are we in the -- who is very interested in space exploration.

Are we going to look back on this as a particularly innovative time?

I think so.

This is a time, one of the goals of the government space program was to get a lot of hiring, to put a lots of jobs into big congressional districts.

They went for baked.

It was not built around the idea of putting up satellites.

It was built around other military uses and space exploration uses.

This is an entirely new area of materials, computer science.

The opportunity is there to do things in a different way.

One of the important things about today's launch is that they're trying to use this engine that's spacex has designed.

It is meant to be mass-produced.

The plan is to find out what this engine can do.

They have built this for one that continue to replicate.

The way they test this thing to the end, the one they brought to september of last year, that spacecraft they actually tried some experiments as it was hurtling toward the specific osha -- to the pacific ocean to see what the limits were.

It spun out of control.

Elon musk wanted to see what it could do.

They found them.

They will continue to explore what this thing can do and what business they can build around it.

We are continuing to

This text has been automatically generated. It may not be 100% accurate.


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