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Falcon 9 From SpaceX
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Summary
Space X, a company founded by Paypal co-founder Elon Musk, believes that it can fly an astronaut to the International Space Station for $30 million less than the Russians. With NASA funding being cut and programs cancelled, private space companies are being formed in order to take up the slack, and compete for NASA funds against Russia, which, after the retirement of the space shuttle program, will have the only rocket ships capable of reaching the International Space Station.
SpaceX has already signed a $1.6billion deal with NASA to carry out 12 re-supplying missions to Americans on board. SpaceX is one of two companies vying for NASA's Commerical Orbital Transportation Services program. After already sinking $500 million into the project, Voice of America believes these private investors will help taxpayers escape NASA's black hole of spending.
Keywords: space x, nasa, federal investment, space privatization, falcon 9, elon musk, international space station
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