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SpaceX’s Valuation Takes Off Once Again

Companies SpaceX’s Valuation Takes Off Once Again

Koenigsmann fielded a question asking if SpaceX would try to purposefully de-orbit the second stage of the rocket used for the TESS launch.

SpaceX, based in the Los Angeles suburb of Hawthorne, already uses the Port of Los Angeles for missions that recover Falcon 9 first-stage boosters on a floating platform in the Pacific and when it recovers supply capsules that parachute into the ocean after missions to the worldwide space station.

In February 2018, SpaceX landed two rockets at once.

SpaceX said it stood down to perform more analysis of the rocket's guidance, navigation and control system. There were widespread reports that the company was looking to drastically expand its operations at the location.

According to a report by Space.com, NASA's current exoplanet hunting observatory named Kepler, has nearly exhausted its fuel supply, requiring NASA to put TESS into orbit to continue research.

Mr. Steven is a ship equipped with a net and giant metal arms to catch falling Falcon 9 payload fairings.

The firm has had success with retrieving the first stages of its Falcon rockets, refurbishing them and then sending them on new missions into space. The mission will focus on roughly 200,000 bright, nearby stars, including all the stars visible to the naked eye in the night sky, making TESS's discoveries prime candidates for more detailed follow-up research by ground-based telescopes and NASA's James Webb Space Telescope. Where in the crowded city will SpaceX build a rocket that will be taller than the Statue of Liberty? According to Musk, he would employ a giant party balloon to land a rocket back on earth. If you can ignore the silly "party balloon" reference, this might be a realistic goal.

SpaceX has certainly had a lot of success sending satellites and goods into Earth's orbit, but it's unknown when the spaceflight company will actually send missions to the moon and beyond.

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