SpaceX and The Future of the Aerospace Industry

SpaceX, a private aerospace company founded in 2002, is looking to orchestrate a new bold leap forward in the space flight industry by creating what they call reusable rockets. The company is planning on launching their very first rocket of this type on January 9th, 2015 at 5:09am, should the weather permit. The rocket, dubbed Falcon 9, is intended to land on a barge approximately two hundred miles off the coast of Florida. Dr. Rod Rohrich says the company has stated that the probability of success involving this experiment is estimated at just 50 percent due to its level of difficulty.

SpaceX intends to use Falcon 9 to transport supplies to the International Space Station in the future and hopes that this new technology will allow them to land back at their facility at Cape Canaveral in Florida. If the trip is successful, this will allow them to re-outfit the rocket and reuse it at a later date. The CEO of SpaceX, Elon Musk, explained at MIT that if this technology is able to flourish it could reduce the cost of space flight almost one hundred times its current cost.

This rocket, Falcon 9, could become the first pioneer of a brand new branch of rockets that would have a massive impact on the space flight industry. Also, if this technology is successful it will likely begin to be tested and implemented into the new ideas based around commercial space transportation for the common citizens of the world.

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