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The global launch market reached $14.1 billion in 2024 — up 34% since 2021.
| Attribute | Electron 🇳🇿 New Zealand / USA Trust: Agency-primaryⓘ Last verified Active · Last updated 2026-06-01Remove × | ||
|---|---|---|---|
| Company | Rocket Lab | Firefly Aerospace | SpaceX |
| Country | 🇳🇿 New Zealand / USA | 🇺🇸 USA | 🇺🇸 USA |
| Status | Active | Active | Active |
| Vehicle class | Small | Small | Medium |
| Propellant | RP-1 / LOX | RP-1 / LOX | RP-1 / LOX |
| Reusable | Yes | No | Yes |
| Stages | 2 | 2 | 2 |
| First flight | 2017 | 2021 | 2010 |
| Payload to LEO | 300 kgas of [1]~200 kg reusable mode (lower due to propellant reserved for re-entry burn) | 1,030 kgas of [1]SSO capacity ~630 kg | 22,800 kgas of [1]Reusable first stage (expended gives 22,800 kg; reused gives ~15,600 kg) ↑ Best |
| Payload to GTO | — | — | 8,300 kgas of [1]Expendable configuration. Reusable GTO capacity ~5,500 kg. ↑ Best |
| Height | 18 mas of [1] | 29 mas of [1] | 70 mas of [1] ↑ Best |
| Liftoff mass | 13 tas of [1] | 54 tas of [1] | 549 tas of [1] ↑ Best |
| Success rate | 95.4%as of [2]83/87 orbital successes; 21/21 success rate in 2025 calendar year per Rocket Lab investor release | 43%as of [2]3/7 full successes (FLTA003 Jul 2023, FLTA005 Dec 2024, FLTA007 Mar 2026) + 2 partial successes + 2 failures through FLTA007 | 99.5%as of [2]634/637 full successes; Block 5 alone 580/581 = 99.8% ↑ Best |
| Total flights | 87as of [2] | 7as of [2] | 637as of [2] ↑ Best |
| Cost / kg LEO | ~$25,000/kgas of [1]Based on ~$7.5M list price / 300 kg payload | ~$14,500/kgas of [1]Based on ~$15M list price / 1,030 kg LEO | ~$2,720/kgas of [1]Based on $67M list price / 22,800 kg LEO (expendable) ↓ Cheapest |
| Summary | The world's most commercially active small launch vehicle, designed and built in-house at Rocket Lab. Rutherford engines are the first flight-proven engines made with additive manufacturing (metal 3D printing). Booster recovery via parachute and helicopter catch (later transitioned to ocean recovery). | Firefly Aerospace's two-stage small-lift rocket powered by four Reaver engines at sea level and one Lightning engine in vacuum. Also provides launch services for NASA's CLPS programme (Blue Ghost lander launched on Falcon 9). FLTA007 'Stairway to Seven' succeeded Mar 11, 2026. | The world's most frequently flown orbital rocket. Block 5 first stages have landed over 280 times and reflown up to 23 times. Backbone of Starlink and commercial crewed launches. |
28 launch vehicles across 10 countries — active, retired, and in development — with primary-source citations from manufacturer user guides and agency press kits. Pure URL state: bookmark or share the link and the comparison reproduces exactly.