SpaceX Launches Rocket into Orbit

After three previous attempts met with failure, Space Exploration Technologies, or SpaceX, has finally succeeded in sending a rocket into orbit around Earth. The company, founded by PayPal creator and Internet millionaire Elon Musk, is the first private venture to put a rocket into Earth’s orbit. The 70-foot-long Falcon 1 rocket was launched carrying a dummy payload, but the company plans to begin providing cargo services to the International Space Station in the near future. SpaceX aims to substantially reduce the cost of space transportation while improving the reliability of launch vehicles and spacecrafts.

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SpaceX Launches Rocket into Orbit