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Space Industry Saturation: Is Another Rocket Company Needed?

11/22/2025

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Story summary
  • Andy Lapsa, co-founder of Stoke Space, says a crowded market demands a solid business plan.
  • Cape Canaveral hosts SpaceX, which has landed over 500 rockets, and Blue Origin, backed by Jeff Bezos.
  • ABL Space faced setbacks, halting its commercial launches after two failed attempts.
  • Relativity Space has spent $1.7 billion and avoided bankruptcy with Eric Schmidt’s help.
  • Lapsa, formerly at Blue Origin, questions the need for a 151st rocket company.