¶ … Aviation Project - SpaceX The current aerospace technologies being built and flown by the private commercial company known as SpaceX (from California) have a remarkable record of success thus far. The "Dragon," which is the cargo capsule built by SpaceX, put into orbit by the Falcon 9 launch rocket, delivered its second load of supplies to the International Space Station (ISS) on Sunday, March 3 (Segal, 2013). The SpaceX contract with NASA is for a total of twelve cargo missions to the ISS over the coming years; the first Dragon cargo ship was launched and delivered supplies to the International Space Station in October, 2012. The un-manned Dragon is designed to carry supplies to and from the ISS, and it is the first privately built commercial spacecraft to handle those chores -- or conduct any space-related activities per se. NASA contracted with SpaceX in 2008 after NASA had retired its fleet of space shuttles and yet the agency still needed to be able to resupply the ISS.

How did this company become a success story?

SpaceX is owned by Silicon Valley investor and innovator Elon Musk, who has developed an electric car (Tesla Motors) that won Motor Trend's "Car of the Year" for 2013. Musk, who also co-founded the PayPal (which eBay bought for $1.3 billion), vowed several years ago to produce the best electric car ever built, and he also vowed that it would be the "best performance sedan in the marketplace" (Rutter, 2013). According to The Motley Fool (an investment-formatted column) the Model S. Tesla sedan is the best electric car on the market and it does perform better than any other sedan (Rutter, p. 1).

Musk is a visionary person who has developed...

Musk's success has offered what Money calls "…indisputable proof that a new approach to space transportation can work far more effectively than the old ways" (p. 2). One of the attractive aspects of SpaceX (besides the fact that it is cheaper than NASA's other options and it is safer as well) is that it is 100% built in the United States. For example, the main engine in the Atlas 5 rocket (build by United Launch Alliance, a company hoping to compete with SpaceX) is built in Russia, and the second stage of the ATK Liberty (another potential competitor to SpaceX) is built in Europe.
SpaceX has been successful because of a grant from NASA ($396 million), because of the use of technologically advanced engineers brought to California from NASA, and because SpaceX has instituted safety design functions "…that exceed NASA's crew safety standards" (Money, p. 2). Moreover, the liquid-fueled rockets used by SpaceX are safer than solid rocket boosters because liquid-fueled rockets can be shut off. When a launch vehicle using solid boosters has "a bad day," it can be disastrous, Money explains.

While most of the SpaceX workforce is under 30 years of age, there are a number of older engineers with NASA experience; they have "…seen it all before and know how to eliminate waste to produce a system that's safe, yet cost-effective," Money explains on page 3.

SpaceX is an advanced technology company poised ultimately for space travel

SpaceX ultimately…