On Thursday at the Rocket Development and Test Facility in McGregor, Texas, Elon Musks’ private space launch company SpaceX successfully relaunched and landed a rocket for the first time, providing important information about how rockets stand up to repeated burns caused by lift off.
Since last December, Space X has successfully landed five of its rockets, both on barges and on land, but had yet to relaunch any of them. Mr. Musk says he’s looking forward to the day when launches are commonplace and no longer newsworthy events, however successful recapture of the rockets is only the first step. It is the relaunch part of the equation that is essential to the business model for more affordable space travel.
Saving money is the driving factor behind rocket relaunch. President and COO of SpaceX Gwynne Shotwell told Tech Times that she hopes reuse will cut cost of a rocket launch, which is typically around $61 million, by as much as a third. READ MORE.