Elon Musk's SpaceX Sends Another 49 Starlink Satellites To Space, Reusable Falcon 9 Lands Back On Earth
$TSLA.US$ CEO Elon Musk-owned SpaceX on Tuesday successfully launched 49 more Starlink satellites to earth’s low orbit from NASA's Kennedy Space Center in Florida.
What Happened: SpaceX’s partially reusable Falcon 9 rocket that can transport payloads as well as humans into earth and beyond, launched the satellites at 9:02 p.m. ET.
Minutes after the liftoff, the Falcon 9 successfully landed back on the "A Shortfall of Gravitas" droneship.
The automated drone ship floats on the Atlantic Ocean and reduces costs further.
Musk confirmed the development while SpaceX shared the live broadcast on Twitter, along with updates on the liftoff and the deployment.
Why It Matters: This was SpaceX's second such Starlink mission this year and thirty-sixth overall. Just last week, SpaceX sent 49 Starlink satellites to space. Musk recently said the service would be expanded to 14 countries and that the company is awaiting licences in several other countries.
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SunBird : When will spaced stocks be available?
shinhuey SunBird : Is there a new stock? What's your name?
SunBird shinhuey : I meant I was hoping that there will be a SpaceX stocks available soon. To the moon! To the moon!
Fist of Fury SunBird : you do know space x is heavy in debt due to the production of raptor engine and their starship devalopment. the only thing keeping it afloat is their star link and it might not able to cover it because they are not sending satellites into space fast enough due to the engine production. catch 22.
SunBird Fist of Fury : Tesla was not making profit for a good 10years after IPO. Look where it is today. If SpaceX is not sending satellite fast enough to space, that means there is a demand for its service.
Looking back, which other organization or company is able to send that many satellites to space in such a short span of time and low cost?
I think we have a winner here.