145 Reusable Rockets Should Lower Launch Costs By An Order Of Magnitude…Or Two! SpaceX’s reusable rocket, Falcon 9, put an end to soaring launch costs. By reusing one Falcon 9 booster 19 times, SpaceX increased its annual launch cadence nearly 60% to 96 in 2023. Rocket Launch Costs SpaceX Launch Costs* Soyuz Atlas V Falcon 9 Historical 2023e Forecast S $250 $100,000 T s E ar K $210 l C l o RO D $10,000 $200 E 3 L 2 B s 0 $164 2 A ar , S l it U l b $1,000 o $150 r D RE O 15 $118 h 0 t 2 ar $100 , E ns $100 io w l o L il $71 $71 $10 o M t $ g $50 k / $ $1 1 100 10,000 1,000,000 100,000,000 $- Cumulative Upmass 2006 2015 (kg) *Forecast timeline dependent on the speed of development of SpaceX's Starship. Sources: ARK Investment Management LLC, 2024. This ARK analysis is based on a range of underlying data from external sources, which may be provided upon request. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.