Space X ‘Dragon’ Launch Marks New Space Era: 1st Private Attempt To Put Commercial Spacecraft Into Orbit

Company_launch Space X, a private company, led by a founder of Internet giant PayPal, has launched a spacecraft this morning in a vivid 'Next Era' demonstration test for NASA.

The Space Exploration Technologies Falcon 9  rocket blasted off from Cape Canaveral on Wednesday morning carrying a capsule named Dragon. SpaceX hopes to place the capsule in orbit and then bring it back to Earth three hours later. It will be the first time a commercial business tries to recover a spacecraft re-entering from orbit.

The plan is for Dragon to circle the world twice, then parachute into the Pacific Ocean, 500 miles off the Mexican coast.

NASA is hiring companies like SpaceX to haul supplies to the International Space Station following next year's shuttle retirement. Taxi trips for astronauts may follow. Space X was founded by PayPal
and Tesla Motors entrepreneur, Elon Musk.



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