Thursday, May 24, 2012

Potential Big Bucks Bring Other U.S. Companies in Space Race after SpaceX

With an aim to make money in commercial space race as much as eight U.S. companies have started their bid even more aggressively after SapceX’s successful launch of its rockets early this week. Most of the companies, planning to jump in the new market, think that they can make even more money than major U.S. airlines in operations.

Potential Big Bucks Bring Other U.S. Companies in Space Race after SpaceX
The reusable space cargo capsule ‘Dragon’ was lifted off atop Falcon 9 rocket is expected to reach near the space station for tests early Thursday and ultimately will dock on Friday with its load of supplies. 

Space Exploration Technologies Corp. (popularly known as SpaceX), run by Elon Musk (co-founder of PayPal and Tesla Motors) was hired by NASA to deliver cargo in the first hand, then eventually astronauts to the orbital outpost.

Private space exploration companies have planned for years about carrying supplies and human for NASA, but this is the first time one is actually in orbit and about to make a delivery for the space agency.

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