on Thursday gave his pitch for building a vehicle that he believes represents the "holy grail" of space travel.
Starship is the nearly 400-foot tall rocket that SpaceX has been developing, with the goal of creating a vehicle that can carry cargo and groups of people beyond Earth. "Objectively, the cost efficiency of SpaceX is the best in history, I think, for any rocket development," Musk said. "We are talking about a rocket that's more than twice the mass and thrust of a Saturn V," the rocket that launched the Apollo moon missions, "and is also designed to be fully reusable ... for a development cost that is, I don't know, between 5[%] and 10% of the Saturn V.
SpaceX has completed multiple high-altitude flight tests with Starship prototypes, but its next major step is to reach space. While that milestone was expected to be reached last year, development progress has been delayed and the orbital flight test is also pending regulatory approval. SpaceX needs a license from the Federal Aviation Administration, with the regulator expected to complete a key environmental assessment in a month or so.
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