Watch the full interview here:
https://www.youtube.com/watch?v=Oc9CogVgXN8The projection of decreasing launch costs is really exciting. From $5K/kg to $3K with sights on $50-$100. Huge implications! If launch is $1M, you will spend that much to design your satellite. At $50K launch, you spend less.
I couldn't help but think of this analogous to web tech. It used to cost millions to launch a dotcom. When it came down, we found a Cambrian explosion of startups and the web really got going.