Rocket Lab says reusable Neutron will 'compete directly with Falcon 9'

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Rocket Lab says reusable Neutron will 'compete directly with Falcon 9'
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The company will charge $50 million per launch of its next-gen rocket, bringing it in line with SpaceX.

Rocket Lab is developing a larger, reusable rocket called Neutron to help it compete with SpaceX's Falcon 9 launch capabilities.

when it went public in 2021. The company stated at the time that the rocket will be operational by around 2024. The private space firm also aims to perform the first "hot fire test" of the Archimedes engine, which will power Neutron, "by the end of the year," according to Spice.SpaceX charges $67 million per Falcon 9 launch, and Spice said Rocket Lab aims to match this on a cost-per-kilogram basis.

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