The recent announcement by Space Exploration Technologies Corporation that it plans to send two tourists on a trip around the moon has created an upheaval and raised hopes in the otherwise lackluster space industry. The company widely known as SpaceX, an American aerospace manufacturer and pioneers in offering space transport services based in California, is privately owned by US billionaire Elon Musk. Famed for being Series A investor, Musk is the cofounder of PayPal, a global online payment system, and is credited with several aspirational projects.
SpaceX Credited With Many Firsts in Next-Generation Space Travel
SpaceX, a gargantuan company founded in 2002, is renowned for being a series of first in the deep space travel in the past 15 years, shaking up the area of next-generation space exploration. This notably includes being the first-ever commercial company for sending supplies to the unmanned Dragon cargo ship to the International Space Station (ISS) in 2012. Since then the company is contracted for sending around four Dragon 2 missions to the ISS each year. The latest historic feat was in 2015 when it successfully re-launched and re-landed a used Falcon 9 rocket paving way for an affordable space travel.
However, the company is not peculiar to high-profile failures, with several misfires and crashes by its rockets, causing a loss of hundreds of thousands of dollars in damage. In the most infamous disaster that took place in 2016, a SpaceX rocket failure is caused to have destroyed one of the rockets by Space Communication Ltd. of Israel and Facebook.
Sending Private Citizens beyond Moon Bodes Well for Creating Habitation to Mars
Keeping its series of feats, Space X’s latest announcement to offer the historic opportunity for sending two private citizens into the deep space for the first time in 45 years. The Dragon spacecraft mirroring the aspirations of humankind to explore outer space will be launched from the same pad used in the historic Apollo lunar mission in 1969. The mission is funded by NASA and private investors. In addition, NASA’s Commercial Crew Program has provided the major funding for Dragon 2 development, using which SpaceX intends to send Crew Dragon spacecraft to ISS later this year.
If things go as planned, the record-breaking mission of circumnavigating the moon will be the first to carry humans fastest and farthest into the Solar System. SpaceX is nursing another ambition of sending humans to Mars sometime in 2030, as part of its ultimate goal of setting up human habitations in the planet. With the financial might that Musk flexes, there is no reason to doubt otherwise.