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Copyright 2014 by Attorney Carlos Gamino
​A Falcon 9 rocket toted the 10 satellites from Vandenberg Air Force Base in California — and this was SpaceX’s first launch since another Falcon 9 model exploded at Cape Canaveral in September. The best part: it stuck the landing on a drone ship in the middle of the ocean.

The cost of one Falcon 9 rocket is in the tens of millions, and they’re typically discarded after launch. However, now that SpaceX has shown that a peaceful, damage-free landing is possible (this marks the company’s seventh successful rocket landing), affordable space travel — sure, it’s for satellites now — is more feasible than it’s ever been before.

SpaceX seemed to go into hibernation after the September 2016 explosion, which destroyed a multimillion-dollar Israeli satellite that was on board. After four months of investigation that involved the Federal Aviation Administration, the U.S. Air Force, NASA, and several industry experts, as well as the SpaceX team themselves, SpaceX announced that the explosion was caused by a failure of the rocket’s helium tanks.

The 2016 explosion led to a more than $260 million loss from SpaceX’s coffers, and they saw a 6 percent drop in revenue for the year.

This launch and landing seems to have improved NASA’s confidence in the private space agency’s abilities — they’re expecting SpaceX to begin flying astronauts to the International Space Station in 2018.

Up next?

The Falcon Heavy, another multimillion-dollar rocket that can carry big cargo to Mars and other deep-space destinations. The Crew Dragon ship will eventually, if everything goes as planned, be the one that carries NASA astronauts to the International Space Station.

What Do You Think?

Right now, we can’t hop on a rocket and head to the moon… but if we could, and if it was affordable, would you do it? 

I would. Probably.

Let me know what you think! Share your thoughts on my Facebook page or on Twitter.

Carlos Gamino


SpaceX is Back in Business - Carlos Gamino
​By Carlos Gamino

After nearly five months of careful calculations and redrafting of plans, Tesla CEO Elon Musk’s pet project, SpaceX, returned to flight in mid-January to shuttle 10 satellites for Iridium, a data and voice company.
News from Attorney Carlos Gamino

SpaceX is Back in Business… So What Now?

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