Kudos for taking the long-term approach!
Investors eager to own a piece of Space Exploration Technologies Corp. (SpaceX) could face a very long wait. According to a recent tweet from the Hawthorne, Calif.-based company’s founder and chief executive, Elon Musk, there will be no initial public offering (IPO) of SpaceX stock before humans have begun to settle Mars. “No near term plans to IPO SpaceX,” Musk wrote in a short message posted to Twitter June 6. “Only possible in very long term when Mars Colonial Transporter is flying regularly.” The Mars Colonial Transporter is a conceptual vehicle that Musk has discussed as part of his company’s stated long-term goal: sending human settlers to Mars. This is a change in tone for Musk, who up until the June 6 tweet had said that SpaceX would go public in the near-term, as his other two companies, Solar City and Tesla Motors, have. As recently as February 2012, Musk told Bloomberg News that he might take SpaceX public in 2013.
“Mars is a fixer-upper of a planet, but we could make it work.” - Elon Musk
Elon Musk’s quote from D11
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The inflatable Bigelow Space Station has been talked about for years. We are hoping that this 2015 date becomes a reality.
Photo Credit: Bigelow Aerospace
SpaceX could launch an $18 million Bigelow inflatable module to the station from Cape Canaveral as soon as mid-2015.
NASA intends to use the information to figure out where it can collaborate with private space initiatives and where it might, for example, entirely skip an expensive research and development program and just buy services or hardware commercially… READ On
An interesting TedX interview with SpaceX`s Elon Musk.
Elon Musk & SpaceX poster/promo I made for fun (x-post from r/SpaceX)
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An interesting interview of SpaceX`s Elon Musk, interviewed by Rainn Wilson.
SpaceX hops a step closer to their goal of a vertical takeoff and landing craft with the Grasshopper.
Grasshopper Successfully Completes 80M Hover SlamOn Thursday, March 7, 2013, SpaceX’s Grasshopper doubled its highest leap to date to rise 24 stories or 80.1 meters (262.8 feet), hovering for approximately 34 seconds and landing safely using closed loop thrust vector and throttle control. Grasshopper touched down with its most accurate precision thus far on the centermost part of the launch pad. At touchdown, the thrust to weight ratio of the vehicle was greater than one, proving a key landing algorithm for Falcon 9. The test was completed at SpaceX’s rocket development facility in McGregor, Texas.
Grasshopper, SpaceX’s vertical and takeoff and landing (VTVL) vehicle, continues SpaceX’s work toward one of its key goals – developing fully and rapidly reusable rockets, a feat that will transform space exploration by radically reducing its cost. With Grasshopper, SpaceX engineers are testing the technology that would enable a launched rocket to land intact, rather than burning up upon reentry to the Earth’s atmosphere.
This is Grasshopper’s fourth in a series of test flights, with each test demonstrating exponential increases in altitude. Last September, Grasshopper flew to 2.5 meters (8.2 feet), in November, it flew to 5.4 meters (17.7 feet) and in December, it flew to 40 meters (131 feet).
Grasshopper stands 10 stories tall and consists of a Falcon 9 rocket first stage tank, Merlin 1D engine, four steel and aluminum landing legs with hydraulic dampers, and a steel support structure.
SpaceX: Commercial space is finally another step closer towards manned launches for government.
SpaceX Transitions to Third Commercial Crew Phase with NASA
Space Exploration Technologies (SpaceX) has completed its first three performance milestones for NASA’s Commercial Crew Integrated Capability (CCiCap) initiative, which is intended to lead to the availability of commercial human spaceflight services for government and commercial customers.
During the company’s first milestone, a technical baseline review, NASA and SpaceX reviewed the Dragon spacecraft and Falcon 9 rocket for crew transportation to low-Earth orbit and discussed future plans for ground operations for crewed flights. The second milestone included a review of the company’s plan to achieve the CCiCap milestones established during SpaceX’s $440 million Space Act Agreement. SpaceX also presented the company’s financial resources to support its co-investment in CCiCap.
At the company’s headquarters in Hawthorne, Calif., on Oct. 29, SpaceX presented techniques it will use to design, build and test its integrated system during the third milestone, called an integrated systems requirements review. The company also provided NASA with the initial plans it would use for managing ground operations, launch, ascent, in-orbit operations, re-entry and landing should they begin transporting crews.
“These initial milestones are just the beginning of a very exciting endeavor with SpaceX.” said Ed Mango, NASA’s Commercial Crew Program manager. “We expect to see significant progress from our three CCiCap partners in a fairly short amount of time.”
SpaceX also has completed its Space Act Agreement with NASA for the Commercial Crew Development Round 2 (CCDev2) initiative, the development phase that preceded CCiCap. During CCDev2, the company designed, developed and tested components of a launch abort system. A large hypergolic engine named SuperDraco would propel the Dragon spacecraft away from its rocket to save the crew from a disastrous event during launch or ascent. SpaceX also built a rocket engine test stand for developing an abort system. Engineers from NASA and SpaceX analyzed the trajectories, loads and dynamics the spacecraft would experience as it separates from a failing rocket.
“Our NASA team brought years of experience to the table and shared with SpaceX what components, systems, techniques and processes have worked for the agency’s human space transportation systems in the past and why they’ve worked,” said Jon Cowart, NASA’s SpaceX partner manager during CCDev2. “This sharing of experience benefitted both NASA and the company, and is creating a more dependable system at an accelerated pace.”
SpaceX is one of three U.S. companies NASA is working with during CCiCap to set the stage for a crewed orbital demonstration mission around the middle of the decade. SpaceX already is executing a contract with NASA for 12 cargo resupply missions to the International Space Station.
“The Dragon spacecraft has successfully delivered cargo to the space station twice this year, and SpaceX is well under way toward upgrading Dragon to transport astronauts as well,” said SpaceX President Gwynne Shotwell.
Future development and certification initiatives eventually will lead to the availability of human spaceflight services for NASA to send its astronauts to the International Space Station, where critical research is taking place daily.
SpaceX: The return of the Dragon!
Space X: “Early this morning, Dragon was welcomed into the Port of Los Angeles. SpaceX engineers unloaded early cargo, and Dragon will now be transported to our Texas facility.”
(via abcstarstuff)
SpaceX: Another successful mission!
SpaceX’s Dragon Splashes Down Safely
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(via abcstarstuff)
SpaceX: SpaceX`s Dragon capsule successfully docks with the International Space Station (ISS).
SpaceX’s Cargo Capsule Docks With International Space Station
SpaceX’s Dragon capsule, carrying supplies and scientific equipment for the International Space Station (including ice cream for the astronauts), was docked using the station’s robotic arm this morning.