I rather misunderstood what SpaceX planned to do with the first stage of its rocket. I got that they planned to land it, but I pictured something much more like the space shuttle where they would land it like an aircraft. What they are actually doing is a whole heck of a lot more impressive:
They are really quite close to making this happen. On the launch to the space shuttle they had the first stage land much like in the video, except in the water. Within the year it is reasonable to expect they will be setting down the rocket on land. Since that first stage is such a high percentage of the cost that will result in an amazing price savings.
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