I see space planes as an alternative to reusable rockets. It's only a boondoggle if they didn't learn from NASA's mistakes with the STS. However, there is the optics to consider. Space junk floating in space and landing in residential areas (even with pre-warnings) isn't a good thing. Also, there's a good chance the model you see won't be the same as the end product.
Although the 2-ton maximum payload is too low, should this method become viable, it might pave the way for other variants with greater capacity.
Just look at it. Two new vehicles and two or three new engine types. Next to no payload.
This will cost around $20-30 billion to develop. If they get it to work at all.
That is about the cost of the Beijing-Shanghai HSR.
It makes no sense.
For reference's sake a new launch vehicle like the Ariane 5 or Long March 5 costs like $8 billion to develop.
The payload it can launch is like 10 tons.
Also, Falcon 9 Heavy took like $1-2 billion to develop because the engines are simpler and you have a common engine core.
The outer structure on both stages is also similar.
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