Dot-com millionaire Elon Musk put his profits into orbit.
By William Jacobs
Posted 11.14.2004 at 1:55 pm
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. â€We want to be the Southwest Airlines of space launches,†says SpaceX CEO and PayPal founder Elon Musk.
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