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PBS News Hour - Segments

Inside Rocket Lab's effort to outpace larger space rivals

PBS News Hour - Segments

PBS NewsHour

News, Daily News

4.11K Ratings

🗓️ 30 December 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

The private space economy is growing significantly and the year ahead could be a big one. The first private space station is expected to launch next spring, new commercial space flights will be offered and SpaceX is considering a public stock offering. Science correspondent Miles O'Brien reports on a space start-up in New Zealand catching some attention of its own. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

Transcript

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0:00.0

Private space economy is growing significantly, and 2026 could be a big year.

0:06.1

The first private space station is expected to launch next spring.

0:09.8

New commercial space flights will be offered for the very wealthy, of course,

0:14.0

and SpaceX is thinking of a public stock offering.

0:17.3

Smaller startups are beginning to make a name for themselves as well.

0:20.3

And our science correspondent, Miles O'Brien, has the story of one in New Zealand, catching some attention of its own.

0:27.6

Hi, Michael. What's this room called?

0:31.6

So this is the Mission Control Center.

0:33.6

Another day, another pair of launches on tap for the world's second most frequent flyer to space

0:40.7

after SpaceX, Rocket Lab.

0:44.3

Launch director Michael Pearson showed me their mission control room for the rocket they call

0:49.4

Electron.

0:50.4

It's ramping up and up.

0:52.2

So last year we did 16 launches. This year we're doing 20 or so.

0:57.0

We will continue to accelerate that and, you know, before long we'll be doing one a week, maybe more.

1:03.0

Brisk, but still well short of the record-setting pace set by SpaceX.

1:10.0

Elon Musk's company has logged more than 160 Falcon 9 launches this year.

1:15.6

Starlink deploy confirmed.

1:17.6

Most of them to deploy its Starlink internet constellation.

1:21.6

With SpaceX, they have unlimited money and unlimited people.

1:25.6

Right? We've had to be a bit more scrappy.

1:28.8

Scrappy.

...

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