this post was submitted on 07 Jan 2024
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Oh, it is definitely a competitive market at the moment, there are dozens of space startups with new rocket ideas trying to replace the old rocket companies. And many of these companies are seeing some great success, there's SpaceX and rocketlab of course, but firefly aerospace is also doing great, Stoke aerospace has the most innovative design I've seen in a while and may have a viable design for a fully reusable rocket. But there are many many more companies building rockets right now.
I've never heard of mercury propellent though, that sounds like a supremely terrible idea. And they would certainly need more than that to be competitive. Today, reusability and efficient construction techniques are the key to competitiveness, not novel propellants.