South Korea's Hanwha Challenges SpaceX

The video discusses the future of the space business, highlighting its potential growth to trillions of dollars. It examines the current market share, which is close to zero, and outlines plans to expand in key areas like space rockets and satellites. The video also addresses competition with SpaceX, acknowledging its leadership while planning to grow gradually. Reusable technology is emphasized as crucial for cost reduction, with plans to develop it in collaboration with the Korean Government. The potential of 3D printing to lower costs is also explored, aiming to reach SpaceX's cost levels.

How does the speaker view the competition with SpaceX in the coming years?

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What is the significance of additive manufacturing in reducing costs in the space industry?

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