The present disclosure relates to a launch system, a launch vehicle for use with the launch system, and methods of launching a payload utilizing the launch vehicle and/or the launch system. The disclosure can provide for delivery of the payload at a terrestrial location, an Earth orbital location, or an extraorbital location. The launch vehicle can comprise a payload, a propellant tank, an electrical heater wherein propellant, such as a light gas (e.g., hydrogen) is electrically heated to significantly high temperatures, an exhaust nozzle from which the heated propellant expands to provide an exhaust velocity of, for example, 7-16 km/sec, and sliding electrical contacts in electrical connection with the electrical heater. The launch vehicle can be utilized with the launch system, which can further comprise a launch tube formed of concentric electrically conductive tubes, as well as an electrical energy source, such as a battery bank and associated inductor.