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Around $25bn
- But the cost of winning the space race would be enormous. The total estimated cost of the Apollo programme came to around $25bn, equivalent to $175bn (£140bn) today.
www.bbc.com/future/article/20190712-apollo-in-50-numbers-the-cost
- How Much Does The Us Spend on Space?
- How Does That Compare to Other Countries?
- Where Does The Money Go?
- What Is Artemis?
- What Portion of The Pie Does Space Take Up in The Overall Federal Budget?
- What Does NASA Say About Its Budget and output?
- To Spend Or Not to Spend?
- Results of Space Spending
- What Are The Broader, Non-Monetary Impacts of Space Spending?
NASA's budget increased by 3%in fiscal year 2022, up to $24 billion. It was still short of the increase that the Biden administration sought, which was 7%. For fiscal year 2023, the Biden administration wants to increase NASA's budget by 8% to almost $26 billion. Space spending is on the up.
Compared to other countries, the United States spends significantly moreon space -- a whole lot more. In 2021, total government expenditure on space programs was $54.59 billion, more than China, France, Russia, Japan, Germany, India, Italy, the UK, South Korea, and the EU combined.
NASA's budget request for fiscal year 2022reflects a topical range of priorities. The four highlighted priorities are: 1. Addressing the climate crisis nationally and internationally.This includes a next-generation Earth system observatory, sustainable flight partnerships, and university research. 2. Restoring America's global standing.The Artemis ...
Artemis is an extended plan to bring astronauts to the Moon to help create a sustainable lunar economy -- and eventually take humanity even further, to Mars. NASA launched the Artemis I missionon November 16, 2022, sending the unmanned Orion spacecraft 40,000 miles beyond the Moon. The mission was successfully completed on December 11. The flight w...
The following chart, created by the Planetary Society using data from the Office of Management and Budget Historical Tables 8.5 and 8.7, illustrates federal spending in fiscal year 2020. In that fiscal year, the overall budget was $6.6 trillion, of which 0.3% ($22.6 billion) went to NASA. The argument that we need more money for other programs won'...
NASA's second agency-wide economic impact report highlighted a threefold return on budget. That's right -- NASA's economic output was more than $71.2 billion in fiscal year 2021, three times its annual budget. NASA administrator Bill Nelson even told CNBCthat the output estimate was an undersell. So, where was this output concentrated? NASA support...
The problems associated with space spending could be seen as extensions of some of the same issues that accompany projects that take place entirely on Earth. Projects that carry large price tags are subject to budgetary politics, micro-management, and technological risk. The federal executives assigned to long-term programs have to navigate through...
A look at NASA's blog archives detail snippets from daily life at the Space Station and shows the variety of work taking place. In December 2022, NASA flight engineer Frank Rubio was investigating how foams work in weightless environments to develop new solutions for firefighters and doctors. In November 2022, Japan Aerospace Exploration Agency (JA...
NASA's economic impact is indisputable, eclipsing its annual budget. However, there are many non-monetary impacts of space spending, such as the way NASA fosters international cooperation and how it partners with non-federal entities on new technology. Scientific research and development constitute 20% of NASA's overall economic output, demonstrati...
- Sherin Shibu
The following charts detail the amount of federal funding allotted to NASA each year over its history to pursue programs in aeronautics research, robotic spaceflight, technology development, and human space exploration programs.
Jan 27, 2022 · The space race led to great technological advances, but these innovations came at a high cost. For instance, during the 1960s NASA spent $28 billion to land astronauts on the moon, a cost today equating to about $288 billion in inflation-adjusted dollars.
Jan 27, 2022 · For a suborbital trip on Virgin Galactic’s SpaceShipTwo and Blue Origin’s New Shepard, seats typically cost $250,000 to $500,000. Flights beyond that to actual orbit—a much higher altitude—are far more expensive, fetching more than $50 million per seat.
Absent healthy early funding in space projects, hard problems remain unsolved, deadlines are missed, and overall costs increase. This chart shows that Project Apollo had the money it needed when it needed it, which helped ensure the success of the endeavor.
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This table shows the total cost of the Apollo program, both in its original 1969 value and adjusted for inflation to reflect its value in 2024 dollars. The inflation adjustment is based on the 2022 GDP deflator index.
