Spacex Reusable Launch System Development Program News Today

The last two test flights by Elon Musk's space company resulted in the premature destruction of the two-stage rocket

The first Falcon 9 rocket booster to transport astronauts to orbit met a devastating fate during its latest recovery.

The rocket blasted off on Saturday, with both stages exploding several minutes after liftoff.

SpaceX launched its mega rocket Starship but lost both the booster and the spacecraft in a pair of explosions minutes into Saturday's test flight.

The gigantic rocket could blast off as early as Friday, November 17.

Stoke Space, in addition to unveiling the new name, raised $100 million during a recent investment round.

The Federal Aviation Administration identified "63 corrective actions SpaceX must take to prevent mishap reoccurrence."

Elon Musk’s aerospace company must address these corrective actions to the regulator’s satisfaction should it wish to acquire its next Starship launch license.

Elon Musk's private space venture reportedly turned a profit of $55 million in the first quarter of 2023.

The value of Elon Musk's private space venture increased as the new share price climbed 5% from its previous secondary sale.