Honda conducts successful launch and landing of experimental reusable rocket

Here is the video which they should have put in the post:

https://global.honda/content/dam/site/global-en/topics-new/c...

Agreed, it brings the story home. What I most like about this news is that Honda has joined Blue Origin and SpaceX in demonstrating a complete "hop" (all though my all time favorite is the "ring of fire" video SpaceX did.)

But it also illustrates that I've seen in the Bay Area time and time again, which is that once you demonstrate that something is doable (as SpaceX has) It opens the way for other capital to create competitive systems.

At Google, where I worked for a few years, it was interesting to see how Google's understanding of search (publicly disclosed), and the infrastructure to host it (kept secret) kept it comfortably ahead of competitors until the design space was exhausted. At which point Google stopped moving forward and everyone else asymptotically approached their level of understanding and mastery.

I see the same thing happening to SpaceX. As other firms master the art of the reusable booster, SpaceX's grasp on the launch services market weakens. Just as Google's grasp of the search market weakens. Or Sun's grasp of the server market weakened. When it becomes possible to buy launch services from another vendor which are comparable (not necessarily cheaper, just comparable) without the baggage of the damage Elon has done, SpaceX will be in a tougher spot.

It also helps me to understand just how much SpaceX needs Starship in order to stay on top of the market.

Some folks will no doubt see this as casting shade on SpaceX, I assure you it is not. What SpaceX's engineering teams have accomplished remains amazing and they deserve their success. It is just someone who has been through a number of technology curves noting how similar the they play out over their lifetimes.

Having witnessed first hand how DEC felt that Sun's "toy computers" would never eclipse DEC in the Server business, and watched as United Launch Alliance dismissed Falcon 9 as something that would never seriously challenge their capabilities, it feels almost prophetic to watch SpaceX's competitors emerge.

> At Google, where I worked for a few years, it was interesting to see how Google's understanding of search (publicly disclosed), and the infrastructure to host it (kept secret) kept it comfortably ahead of competitors until the design space was exhausted. At which point Google stopped moving forward and everyone else asymptotically approached their level of understanding and mastery.

This is the "markets mature and commodify over time" thing.

What companies are supposed to do in those cases are one of two things. One, keep investing the money into the market or related ones so you keep having an advantage. Or two, if there is nothing relevant and adjacent to productively invest in, return it to shareholders as dividends or share buybacks so they can invest it in some other unrelated market.

But space seems like it would be the first one big time because of the amount of stuff that still has yet to be developed. Starlink was an obvious example of something in that nature, and then it's going to be things like "put datacenters in orbit so you can use solar without worrying about clouds or nighttime" and "build robots that can do semi-autonomous work in places far enough away for both human presence and round trip latency to be an inconvenience" etc.

We'd be living in Star Trek by the time they'd run out of something more to do.

> We'd be living in Star Trek by the time they'd run out of something more to do.

Chances are that we will be living on the consequence of the end of fossil fuels and the rise of climate change long before that, though.