Could a single-stage-to-orbit spaceship, something that could operate rather like an aeroplane, be built with just rocket engines? Well, actually, yes. In the 1980s, NASA and the US Air Force spent about $2 billion trying to build the X-30, a single-stage spaceship powered by scramjets (with help from rockets, of course). It never flew. At the same time, for comparison, NASA's Langley Research Center studied building a single-stage pure-rocket spaceship. The results were interesting.
The pure-rocket design was more than twice as heavy as X-30 at takeoff, because of all that LOX. On the other hand, its empty weight - the part you have to build and maintain - was 40% less than X-30's. It was about half the size. Its fuel and oxidiser together cost less than half as much per flight as X-30's fuel. And finally, because it quickly climbed out of the atmosphere and did its accelerating in vacuum, it had to endure rather lower stresses and less than 1% of X-30's friction heating. Which approach would be easier and cheaper to operate was pretty obvious.
The Langley group's conclusion: if you want a spaceship that operates like an aeroplane, power it with rockets and only rockets.
There have been some other discussions of this lately, but I would say the pursuit of SSTO resulted in a lost decade for spaceflight in the 1990s.
SSTO is just barely possible, the problem is that you have a big rocket that carries a tiny payload so you are driven to exotic engines, exotic materials, and various risky technologies.
If Musk had any good idea it was not only falling back to two-stage-to-orbit reusable rockets but also recognizing that it was worth just reusing the first stage. A SSTO gets closer to aircraft-like operations in that you don't need to stack two stages on top of each other, but given how much TSTO improves everything else it's probably worth just optimizing the stacking.
And I strongly suspect Henry knew the "don't turn an airplane into a launcher" extended to using wings for landing and takeoff as well, although in 2009 that maybe wasn't quite as inescapable a conclusion as it is today.
(The original link says "Page is Gone")
And here's some more quoting
Could a single-stage-to-orbit spaceship, something that could operate rather like an aeroplane, be built with just rocket engines? Well, actually, yes. In the 1980s, NASA and the US Air Force spent about $2 billion trying to build the X-30, a single-stage spaceship powered by scramjets (with help from rockets, of course). It never flew. At the same time, for comparison, NASA's Langley Research Center studied building a single-stage pure-rocket spaceship. The results were interesting.
The pure-rocket design was more than twice as heavy as X-30 at takeoff, because of all that LOX. On the other hand, its empty weight - the part you have to build and maintain - was 40% less than X-30's. It was about half the size. Its fuel and oxidiser together cost less than half as much per flight as X-30's fuel. And finally, because it quickly climbed out of the atmosphere and did its accelerating in vacuum, it had to endure rather lower stresses and less than 1% of X-30's friction heating. Which approach would be easier and cheaper to operate was pretty obvious.
The Langley group's conclusion: if you want a spaceship that operates like an aeroplane, power it with rockets and only rockets.