Elon Musk appeared Wednesday at SpaceX's testing facility in McGregor, Texas — not far from Waco — along with NASA administrator Charles Bolden, to show off the recovered Dragon capsule that recently launched from Cape Canaveral to the ISS . He says the SpaceX Grasshopper reusable lift vehicle will start testing in a few months, and that once it's in service the cost of a flight to orbit may cost as little as 1/100 as much as it costs today. According to Musk, fuel is only a tiny part of what a space launch costs; boosters and other expensive items that currently only get used once are the main budget-busters. (Note that the Scaled Composites Space Ship Two also relies on a reusable first stage — and that theirs saves both fuel and wear & tear by using aerodynamic lift, AKA wings, for the first 50,000 feet.)