SpaceX that is trending on Twitter and Youtube, is an innovative and ambitious private aerospace manufacturer. Founded by Elon Musk, the aerospace manufacturer came into existence in 2002. SpaceX aerospace rose to fame and prominence in 2017 when it became amongst the first aerospace startup to have accomplished 18 successful launches.

Elon Musk, besides his wealth possessions, is also known and praised for his eccentric and innovative ideas. According to Musk, space travel is unnecessarily expensive whereas it can be cut down. Curtailing the space travel costs stands as the primary objective of SpaceX. Musks idea of curtailing costs involves the concept of sustainability. He highlights and emphasizes the sustainability cycle of reusing parts of rockets instead of investing in new ones. This will help in reducing the costs.

SpaceX holds the record of delivering 48 satellites into orbit and around 202,700 supplies to the international space station. In the present times, the aerospace manufacturer holds over 60% of global share contracts.

SpaceX is amongst the first aerospace manufacturers to preach and practice the reuse of rocket parts for future use. A pertinent example is the Falcon 9 rocket, which can be used over 100 times without the need for replacement. In the year 2019, the rocket was launched and landed on Mars for the fourth time. This encouraged the team to recycle the rocket parts more that can reduce costs to great degrees.

Speculatively, Elon Musk is making rapid and significant progress in his mission to colonize Mars and save humanity from the possible chances of extinction. Elon Musk decided the trajectory of his intergalactic inhabitation after enhancing his knowledge and wealth through Tesla and PayPal.

SpaceX is aiming for a swift timeframe within which there will be a human footstep on Mars. SpaceX aims to start human habitation on Mars by ten launches. To accomplish this mission, the company is also building a factory at the Port of Los Angeles where engineers are working on a nearly 20,000 square foot tent to establish a prototype spaceship. This prototype is built with carbon fiber materials. Additionally, SpaceX is also affiliating with NASA to conduct Mars mission workshops.

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Everything You Need to Know About the Rise of SpaceX - Analytics Insight