Reusable rockets are here, so why is NASA paying more to launch stuff to space?

Summary

• 1998: Deep Space 1 — Delta II rocket — $86 million • 1999: Mars Polar Lander — Delta II rocket — $88 million • 2001: Mars Odyssey — Delta II rocket — $96 million • 2003: Spirit and Opportunity Mars rovers — two Delta II rockets — $87 million per launch • 2004: Swift — Delta II rocket — $90 million • 2005: Mars Reconnaissance Orbiter — Atlas V rocket — $147 million • 2007: Phoenix Mars lander — Delta II rocket — $132 million Launch prices for NASA missions soared after the late 2000s, following the creation of United Launch Alliance through a merger of the Atlas and Delta rocket programs developed by Lockheed Martin and Boeing. The merger eliminated competition for most of NASA's launch contracts until SpaceX's Falcon 9 became available for NASA science missions in the mid-2010s. Here's a sample of missions as examples of the rising costs, with contract values adjusted for inflation from the time of their award to reflect 2025 dollars: • 2009: Lunar Reconnaissance Orbiter — Atlas V rocket — $220 million • 2012: Radiation Belt Storm Probes — Atlas V rocket — $226 million (averaged from a bulk buy) • 2014: Orbiting Carbon Observatory-2 — Delta II rocket — $191 million (averaged from a bulk buy) • 2016: OSIRIS-REx asteroid mission — Atlas V rocket — $252 million • 2017: TDRS-M data relay satellite — Atlas V rocket — $179 million • 2017: JPSS-2 weather satellite — Atlas V rocket — $224 million • 2018: InSight Mars lander — Atlas V rocket — $220 million • 2018: ICESAT-2 — Delta II rocket — $134 million Again, the missions listed above would likely launch on SpaceX's Falcon 9 rockets if NASA awarded these contracts today. So, how do SpaceX's more recent Falcon 9 prices compare? Let's take a look. These contract values are adjusted for inflation from the time of their award to reflect 2025 dollars: • 2016: Jason 3 oceanography satellite — Falcon 9 rocket — $114 million • 2018: Transiting Exoplanets Survey Satellite — Falcon 9 rocket — $118 million • 2020: Sentinel-6A — Fa...