When Newt Gingrich proclaimed that the United States should establish a base on the moon, he was right: We need a major inspirational goal for space exploration. When Mitt Romney attacked Gingrich’s proposal as failing the rational business test, he was right, too: The cost would be enormous. But what neither presidential candidate discussed were the reasons why space travel is so costly or how those costs might be reduced.
The question both men should have asked was, “Why, after 55 years of launching rockets, does it still cost so much to reach orbit?” Launching a satellite today costs approximately $10,000 a pound, or tens of millions for a heavy satellite. That high cost, not bureaucratic timidity, is why fewer than 600 people -- the number of passengers on one Airbus 380 -- have orbited the earth since 1961. Space travel cannot become cheap until...
