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SpaceX – Entrepreneur Visionary Elon Musk

SpaceX – Entrepreneur Visionary Elon Musk

May 18, 2013

SpaceX is a privately funded company that designs, manufactures and has successfully launched the world’s most advanced rockets and spacecraft. The company was founded in 2002 by Entrepreneur Visionary Elon Musk with the ultimate goal to revolutionize space transportation enabling people to live on other planets. Today, SpaceX is advancing the boundaries of space technology through its Falcon launch vehicles and Dragon spacecraft.

The company made history in May 2012 when its Dragon reusable spacecraft attached to the International Space Station, exchanged cargo payloads, and returned safely to Earth — a technically challenging feat previously accomplished only by governments.

In October 2012, Dragon again successfully delivered cargo to and from the space station, in the first official cargo resupply mission for NASA. By August 2012, SpaceX signed a large development contract with NASA to design and develop a crew-carrying space capsule for the “next generation of U.S. human spaceflight capabilities”, in order to re-enable the launch of astronauts from U.S. soil by 2017. Two other companies, Boeing and Sierra Nevada Corporation, received similar development contracts. Advances made by all three companies under Space Act Agreements through NASA’s Commercial Crew Integrated Capability (CCiCap) initiative are intended to ultimately lead to the availability of commercial human spaceflight services for both government and commercial customers. As part of this agreement, SpaceX was awarded a contract worth up to $440 million for contract deliverables between 2012 and May 2014.

Elon Musk is best known for founding SpaceX.  He is also the Founder of PayPal, the world’s leading Internet payment system; CEO/Product Architect of fully electric, energy efficient car Tesla Motors and new venture Principal Shareholder of SolarCity, which he helped create. SolarCity is now the leading provider of solar power systems in the United States and Elon truly believes “Solar will beat everything.”

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