President Trump announced fresh sanctions on the Islamic Republic on Monday, following the downing of an unmanned American drone last week.Politicsread more
President Donald Trump's son-in-law Jared Kushner has presented a $50 billion investment plan for economic growth and peace in the Middle East that has been greeted with...World Politicsread more
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Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
The Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
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Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
In less than two decades, SpaceX went from Elon Musk's dream of a greenhouse experiment on Mars to conducting the majority of U.S. rocket launches.
The early years of SpaceX reveal a company that teetered on the edge of dying out, as Musk has said. After three unsuccessful attempts to reach orbit, his team scrounged together enough parts for a fourth rocket, and SpaceX made history with its Falcon 1 rocket.
While Musk provided the vision, his company was not an overnight success. Key people, such as employees like now President and COO Gwynne Shotwell and investors like the members of the Founders Fund, helped forge SpaceX into the business it is today. SpaceX has won billions of dollars in NASA and Air Force launch contracts. It also carries payloads for private companies.
Now SpaceX is valued at over $30 billion and has more than 6,000 employees around the country. The company is launching rapidly, with a backlog of orders for its Falcon 9 and Falcon Heavy rockets. SpaceX is facing its greatest challenge yet in 2019: Launching astronauts for NASA. If Musk's long-term goal of sending humans to Mars is going to be realized, SpaceX must be able to regularly and safely launch astronauts into orbit.
Watch the video above to learn more about the rise of SpaceX and what is in store for the future.