Falcon 9 Development = Cost of Ares I Mobile Service Tower

SpaceX Achieves Orbital Bullseye With Inaugural Flight of Falcon 9 Rocket, SpaceX
“The NASA COTS program has demonstrated the power of what can be accomplished when you combine private sector responsiveness and ingenuity with the guidance, support and insight of the US government. For less than the cost of the Ares I mobile service tower, SpaceX has developed all the flight hardware for the Falcon 9 orbital rocket, Dragon spacecraft, as well as three launch sites. SpaceX has been profitable for three consecutive years (2007 through 2009) and expects to remain modestly profitable for the foreseeable future. The company has over 1000 employees in California, Texas and Florida, and has been approximately doubling in size every two years. A majority of the future growth is expected to occur in Texas and Florida.”