SpaceX

Launch Systems Rockets Priced to Move

Dot-com millionaire Elon Musk put his profits into orbit.

Late this month, if everything goes according to plan, Space Exploration Corporation, or SpaceX for short, will launch its privately funded two-stage rocket, Falcon I, into low-Earth orbit, carrying with it the U.S. Department of Defense’s TacSat-1 satellite. The ride costs just under $6 million, a price that undercuts the competition by up to two thirds. “We want to be the Southwest Airlines of space launches,” says SpaceX CEO and PayPal founder Elon Musk.

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